Rising Leaders Academy Inc

Analysis

Rising Leaders Academy Inc is a registered charity in United States, based in Panama City, FL. It received its IRS tax-exemption ruling in February 2014, 12 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, Rising Leaders Academy Inc reported income of $3.8m and spending of $3.3m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $3.8m (+53%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 72%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rising Leaders Academy Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Faith Christian School ($3.8m), Harvester Christian Academy Inc ($3.8m) and Listen and Talk ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $3.9m against liabilities of $1.6m, net assets of $2.4m. It reported 36 employees.