Citizens Leadership Academy East

Analysis

Citizens Leadership Academy East is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in December 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 2023, Citizens Leadership Academy East reported income of $15.3m and spending of $11.0m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $15.3m (+660%), an average of +66% a year. The sharpest change came in the year to June 2021, when income rose by 157%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Citizens Leadership Academy East 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 OH. Charities of a similar size with the same main cause include Renaissance Charter School ($15.3m), Renu Hope Foundation ($15.3m) and Foundation for Early Childhood Education ($15.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $113k (1.0% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $24.6m against liabilities of $23.1m, net assets of $1.4m. It reported 111 employees.