Academie Lafayette

Analysis

Academie Lafayette is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Academie Lafayette reported income of $18.1m and spending of $17.5m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.8m to $18.1m (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Academie Lafayette sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within MO. Charities of a similar size with the same main cause include Hillcrest Family Services ($18.1m), Community Resource Center for the Developmentally Disabled Inc ($18.1m) and Community Home Health Hospice ($18.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Other salaries and wages came to $9.0m. At year end it held assets of $17.1m against liabilities of $8.2m, net assets of $8.9m. It reported 282 employees.