Woodbury Leadership Academy

Analysis

Woodbury Leadership Academy is a registered charity in United States, based in Woodbury, MN. 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, Woodbury Leadership Academy reported income of $8.0m and spending of $7.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $8.0m (+112%), an average of +21% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Woodbury Leadership Academy 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 94th percentile within MN. Charities of a similar size with the same main cause include Sunrise Christian Academy ($8.0m), Fisher Island Day School Inc ($8.0m) and Science and Technology Campus Corporation ($8.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $297k (3.9% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $5.1m against liabilities of $4.8m, net assets of $289k. It reported 83 employees.