Academie Lafayette Real Estate Holdings Inc

Analysis

Academie Lafayette Real Estate Holdings Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Academie Lafayette Real Estate Holdings Inc reported income of $136k and spending of $287k, spending 212% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $98k to $136k (+38%), an average of +8.5% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 230% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academie Lafayette Real Estate Holdings Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within MO. Charities of a similar size with the same main cause include Justinian Society of Lawyers Endowment Fund Inc ($136k), Lespwa Lavi ($136k) and Coos Bay Schools Communityfoundation ($136k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $6.3m against liabilities of $6.9m, net assets of -$584k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.