Schools That Lead Inc

Analysis

Schools That Lead Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Schools That Lead Inc reported income of $493k and spending of $542k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $383k to $493k (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Schools That Lead Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 65th percentile within DE. Charities of a similar size with the same main cause include Lakeshore First Robotics Programs ($493k), Central States Private Education Network ($493k) and Transformation Waco ($493k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $181k (33% of expenses). Other salaries and wages came to $218k. At year end it held assets of $231k against liabilities of $4,936, net assets of $226k. It reported 3 employees.