Academy of Leisure Sciences

Analysis

Academy of Leisure Sciences is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Academy of Leisure Sciences reported income of $71k and spending of $41k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2017 to December 2023, income grew from $62k to $71k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2023, when income rose by 203%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Academy of Leisure Sciences sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within IL. Charities of a similar size with the same main cause include Fulton County Historical Society Inc ($71k), Ourstorybridge Inc ($71k) and St Thomas Historical Trust Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 46% of the total. At year end it held assets of $146k against liabilities of $0, net assets of $146k.