Opportunity Leading to Lifelong Academic Success Academy Inc

Analysis

Opportunity Leading to Lifelong Academic Success Academy Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in April 2022, 4 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 December 2022, Opportunity Leading to Lifelong Academic Success Academy Inc reported income of $76k and spending of $125k, spending 166% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $103k to $76k (-26%), an average of -7.4% a year. The sharpest change came in the year to December 2020, when income rose by 84%. 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, Opportunity Leading to Lifelong Academic Success Academy Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Shawnee Mission East Band Boosters Club Inc ($76k), Oakdale High School Band Boosters ($76k) and Estherville-Lincoln Central School District Foundation Inc ($76k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.