Sheila C Skip Nowell Leadership Academy

Analysis

Sheila C Skip Nowell Leadership Academy is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in June 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, Sheila C Skip Nowell Leadership Academy reported income of $4.5m and spending of $4.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $4.5m (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2021, when income rose by 24%. 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, Sheila C Skip Nowell Leadership 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 89th percentile within RI. Charities of a similar size with the same main cause include The Gateway Academy Inc ($4.5m), Heart Christian Preparatory Academy ($4.5m) and Wyatt Academy ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $5.3m against liabilities of $3.3m, net assets of $1.9m. It reported 69 employees.