Liguori Academy

Analysis

Liguori Academy is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 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, Liguori Academy reported income of $9.1m and spending of $3.8m, leaving 59% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $9.1m (+235%), an average of +35% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Liguori Academy sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Learning Center of Northeast Arkansas Inc ($9.1m), John Bapst Memorial High School ($9.1m) and Texas Charter Schools Association ($9.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $360k (9.6% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $12.8m against liabilities of $1.3m, net assets of $11.5m. It reported 38 employees.