Look Ahead America Inc

Analysis

Look Ahead America Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2022, Look Ahead America Inc reported income of $667k and spending of $663k, spending 99% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $804k to $667k (-17%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Look Ahead America Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 48th percentile within DC. Charities of a similar size with the same main cause include Complete Student ($667k), Sparks Foundation Inc ($667k) and Hopi School Inc ($667k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $56k (8.5% of expenses). Other salaries and wages came to $242k. At year end it held assets of $241k against liabilities of $5,245, net assets of $236k. It reported 12 employees.