Leap Learning Systems

Analysis

Leap Learning Systems is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Leap Learning Systems reported income of $540k and spending of $571k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $420k to $540k (+29%), an average of +6.5% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leap Learning Systems sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Center for Educational Improvement Inc ($540k), Cathedral Oak Academy ($540k) and African Conservation Centre US ($540k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. Other salaries and wages came to $232k. At year end it held assets of $203k against liabilities of $52k, net assets of $151k. It reported 3 employees.