Leman Classical School

Analysis

Leman Classical School is a registered charity in United States, based in Parker, CO. It received its IRS tax-exemption ruling in March 2017, 9 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 2024, Leman Classical School reported income of $15.0m and spending of $14.4m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.1m to $15.0m (+110%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leman Classical School 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 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Fiafw Inc ($15.0m), Northwood Academy Charter School ($15.0m) and College Achieve Public Charter Schools Inc ($15.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.4% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $187k (1.3% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $13.5m against liabilities of $12.0m, net assets of $1.4m. It reported 119 employees.