American Leadership Academy Inc

Analysis

American Leadership Academy Inc is a registered charity in United States, based in Spanish Fork, UT. It received its IRS tax-exemption ruling in November 2006, 20 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, American Leadership Academy Inc reported income of $18.0m and spending of $15.4m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.0m to $18.0m (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Leadership Academy Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within UT. Charities of a similar size with the same main cause include Mountain Island Charter School Inc ($18.0m), Hoffman Institute Foundation ($18.0m) and Summit Academy Oic ($18.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $374k (2.4% of expenses). Other salaries and wages came to $7.4m. At year end it held assets of $45.6m against liabilities of $28.3m, net assets of $17.3m. It reported 229 employees.