Oprah Winfrey Leadership Academy Foundation

Analysis

Oprah Winfrey Leadership Academy Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Oprah Winfrey Leadership Academy Foundation reported income of $10.1m and spending of $10.5m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.1m to $10.1m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Oprah Winfrey Leadership Academy Foundation 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 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Catalyst of San Diego & Imperial Counties ($10.1m), Honeywell Foundation Inc ($10.1m) and Moriah Foundation ($10.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $4.0m. At year end it held assets of $13.8m against liabilities of $1.0m, net assets of $12.8m.