Global Ambassadors Language Academy

Analysis

Global Ambassadors Language Academy is a registered charity in United States, based in Cleveland, OH. 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 2023, Global Ambassadors Language Academy reported income of $4.4m and spending of $4.3m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $4.4m (+79%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 24%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Global Ambassadors Language Academy sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Goodwill Leads ($4.4m), Seven Peaks School ($4.4m) and Grace Academy ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $3.6m against liabilities of $4.3m, net assets of -$612k. It reported 71 employees.