Lead Charter Schools

Analysis

Lead Charter Schools is a registered charity in United States, based in Gilbert, AZ. It received its IRS tax-exemption ruling in September 2007, 19 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, Lead Charter Schools reported income of $13.0m and spending of $13.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.7m to $13.0m (+69%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lead Charter Schools sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within AZ. Charities of a similar size with the same main cause include Faith Christian Academy ($13.0m), Amigos Library Services ($13.0m) and St Johns Community Services - Tennessee ($13.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.4% of the total. Other salaries and wages came to $6.3m. At year end it held assets of $11.4m against liabilities of $7.9m, net assets of $3.5m. It reported 202 employees.