Language & Literacy Academy for Learning

Analysis

Language & Literacy Academy for Learning is a registered charity in United States, based in Winter Haven, FL. It received its IRS tax-exemption ruling in November 2018, 8 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, Language & Literacy Academy for Learning reported income of $5.6m and spending of $5.7m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.5m to $5.6m (+59%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Language & Literacy Academy for Learning 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 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include A C E Academy ($5.6m), Creekside Christian Academy Inc ($5.6m) and Alexander Leigh Center for Autism ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $2.2m against liabilities of $3.0m, net assets of -$865k. It reported 121 employees.