Philadelphia Academy of School Leaders

Analysis

Philadelphia Academy of School Leaders is a registered charity in United States, based in Philadelphia, PA. 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 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 June 2023, Philadelphia Academy of School Leaders reported income of $2.7m and spending of $3.0m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.7m (+125%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 111%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Philadelphia Academy of School Leaders sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include San Francisco Electrical Industry Apprenticeship and Training Trust ($2.7m), Community Technical Assistance Inc ($2.7m) and Birches School Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $519k (18% of expenses). Other salaries and wages came to $791k. At year end it held assets of $950k against liabilities of $314k, net assets of $636k. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.