Washington Leadership Academy Public Charter School

Analysis

Washington Leadership Academy Public Charter School is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2015, 11 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, Washington Leadership Academy Public Charter School reported income of $14.9m and spending of $12.7m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.1m to $14.9m (+110%), an average of +20% a year. The sharpest change came in the year to June 2020, when income rose by 67%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Washington Leadership Academy Public Charter School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 91st percentile within DC. Charities of a similar size with the same main cause include The Conversation US Inc ($14.9m), South Tech Charter Academy Inc ($14.9m) and Apple Tree Early Learning Public Charter School ($14.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $209k (1.6% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $13.9m against liabilities of $4.7m, net assets of $9.2m. It reported 92 employees.