Lincoln Leadership Academy Charter School Inc

Analysis

Lincoln Leadership Academy Charter School Inc is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in May 2010, 16 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, Lincoln Leadership Academy Charter School Inc reported income of $16.7m and spending of $13.0m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.1m to $16.7m (+50%), an average of +11% a year. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lincoln Leadership Academy Charter School Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Best Academy Inc ($16.7m), Foundation for Jewish Day Schools of Greater Philadelphia ($16.7m) and Higher Learning Commission ($16.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $170k (1.3% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $20.0m against liabilities of $7.3m, net assets of $12.7m. It reported 163 employees.