A Latere Academy

Analysis

A Latere Academy is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in February 2020, 6 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 2023, A Latere Academy reported income of $1.1m and spending of $1.0m, spending 92% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $257k to $1.1m (+327%), an average of +62% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, A Latere Academy sits at the 77th 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 80th percentile within NE. Charities of a similar size with the same main cause include First Command Educational Foundation ($1.1m), JC Enrichment Programs Inc ($1.1m) and Nest Nursery School Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $129k (13% of expenses). Other salaries and wages came to $529k. At year end it held assets of $156k against liabilities of $0, net assets of $156k. It reported 74 employees.