Lowcountry Leadership Charter School

Analysis

Lowcountry Leadership Charter School is a registered charity in United States, based in Hollywood, SC. It received its IRS tax-exemption ruling in May 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 2024, Lowcountry Leadership Charter School reported income of $7.7m and spending of $7.1m, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $6.0m to $7.7m (+28%), an average of +5.1% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lowcountry Leadership Charter School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within SC. Charities of a similar size with the same main cause include Oakland Hebrew Day School ($7.7m), Afsa High School ($7.7m) and Bemidji State University Alumni and Foundation ($7.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $86k (1.2% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $14.4m against liabilities of $11.2m, net assets of $3.2m. It reported 118 employees.