Lindley Academy Charter School at Birney
Analysis
Lindley Academy Charter School at Birney is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lindley Academy Charter School at Birney reported income of $16.7m and spending of $16.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.3m to $16.7m (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 85% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Lindley Academy Charter School at Birney sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Whitby School Inc ($16.7m), Lifeline Education Charter School I Inc ($16.7m) and University of Maryland Medical System Foundation Inc ($16.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $548k (3.3% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $8.9m against liabilities of $8.4m, net assets of $504k. It reported 125 employees.
Income and spending
Where the income comes from
- Contributions & grants 40%
- Program services 59%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Whitby School Inc | Greenwich | $16.7m |
| Lifeline Education Charter School I Inc | Long Beach | $16.7m |
| University of Maryland Medical System Foundation Inc | Baltimore | $16.7m |
| Geo Academies Ebr | Indianapolis | $16.7m |