Liberty Leadership Academy
Analysis
Liberty Leadership Academy is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 2019, 7 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, Liberty Leadership Academy reported income of $1.0m and spending of $855k, spending 82% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $619k to $1.0m (+68%), an average of +68% a year. The sharpest change came in the year to June 2023, when income rose by 68%. Over the whole period it spent 86% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Liberty Leadership Academy sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within AZ. Charities of a similar size with the same main cause include Association of Independent Colleges of Art and Design Inc ($1.0m), Bergen Community College Foundation ($1.0m) and City of Knowledge ($1.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $51k (6.0% of expenses). Other salaries and wages came to $282k. At year end it held assets of $456k against liabilities of $316k, net assets of $141k. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 2.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Association of Independent Colleges of Art and Design Inc | Providence | $1.0m |
| Bergen Community College Foundation | Paramus | $1.0m |
| City of Knowledge | Pomona | $1.0m |
| GMDP Academy Inc | Pomona | $1.0m |