Leaders & Scholars Inc

Analysis

Leaders & Scholars Inc is a registered charity in United States, based in Clarksburg, CA. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Leaders & Scholars Inc reported income of $1.3m and spending of $1.4m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $891k to $1.3m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2020, when income rose by 27%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leaders & Scholars Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Blue Ridge Montessori Inc ($1.3m), Oak Hill Classical School Inc ($1.3m) and Clinton Christian Academy ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $15.7m against liabilities of $15.8m, net assets of -$165k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.