Leman Academy of Excellence--Douglas County Colorad

Analysis

Leman Academy of Excellence--Douglas County Colorad is a registered charity in United States, based in Parker, CO. It received its IRS tax-exemption ruling in April 2016, 10 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Leman Academy of Excellence--Douglas County Colorad reported income of $3.8m and spending of $4.0m, spending 105% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $394k to $3.8m (+865%), an average of +76% a year. The sharpest change came in the year to June 2021, when income rose by 319%. Over the whole period it spent 152% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leman Academy of Excellence--Douglas County Colorad sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include United States of America National Comm of the Intl Dairy Fed Inc ($3.8m), Blue Army of Our Lady of Fatima USA Inc ($3.8m) and Mid-Land Meals Inc ($3.8m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 64% of the total. At year end it held assets of $71.7m against liabilities of $76.8m, net assets of -$5.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.