Level Up Academy

Analysis

Level Up Academy is a registered charity in United States, based in White Bear LK, MN. It received its IRS tax-exemption ruling in March 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, Level Up Academy reported income of $3.1m and spending of $3.6m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $3.1m (+57%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Level Up Academy sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include The San Diego College of Continuing Education Foundation ($3.1m), Washtenaw Christian Academy ($3.1m) and International Transportation Learning Center ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $497k (14% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $18.3m against liabilities of $19.7m, net assets of -$1.5m. It reported 42 employees.