Leary Educational Foundation Inc

Analysis

Leary Educational Foundation Inc is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in May 1971, 55 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Leary Educational Foundation Inc reported income of $11.0m and spending of $10.6m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $8.2m to $11.0m (+35%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Leary Educational Foundation Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Denver Childrens Home ($11.0m), Abraham J and Phyllis Katz Cord Blood Foundation ($11.0m) and Valley Residential Services ($11.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $268k (2.5% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $12.7m against liabilities of $4.5m, net assets of $8.3m. It reported 162 employees.