Community Leadership Academy

Analysis

Community Leadership Academy is a registered charity in United States, based in Indian Trail, NC. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Leadership Academy reported income of $490k and spending of $182k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $490k (+460%), an average of +460% a year. The sharpest change came in the year to December 2023, when income rose by 460%. Over the whole period it spent 57% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Community Leadership Academy 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 70th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include USA Softball of St Louis ($490k), McHenry Area Soccer Federation Inc ($490k) and Eagle Aquatics Inc ($490k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 25% of the total. At year end it held assets of $320k against liabilities of $1,543, net assets of $318k.