Cumberland Leadership Academy

Analysis

Cumberland Leadership Academy is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in September 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 August 2022, Cumberland Leadership Academy reported income of $966k and spending of $889k, spending 92% of its income. Across the 4 years on record, from August 2019 to August 2022, income grew from $791k to $966k (+22%), an average of +6.9% a year. The sharpest change came in the year to August 2021, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cumberland Leadership Academy sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Association of Collegiate Schools of Planning Inc ($966k), Archbridge Institute ($966k) and LLVM Foundation ($966k).

On its Form 990 for the period ending August 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $603k. At year end it held assets of $403k against liabilities of $5,597, net assets of $397k. It reported 38 employees.