Paul R Brown Leadership Academy Inc

Analysis

Paul R Brown Leadership Academy Inc is a registered charity in United States, based in Elizabethtown, NC. It received its IRS tax-exemption ruling in July 2016, 10 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, Paul R Brown Leadership Academy Inc reported income of $2.8m and spending of $2.4m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.8m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Paul R Brown Leadership Academy Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Coalicion de Latinos Americanos Inc ($2.8m), Milwaukee Area Sheet Metal Apprenticeship & Training TR ($2.8m) and Northeast Wisconsin Technical College Education Foundation ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $651k against liabilities of $123k, net assets of $529k. It reported 62 employees.