Frederick Douglass Marcus Garvey Leadership Academy

Analysis

Frederick Douglass Marcus Garvey Leadership Academy is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in April 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, Frederick Douglass Marcus Garvey Leadership Academy reported income of $205k and spending of $0, leaving 100% of income unspent that year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 24% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Frederick Douglass Marcus Garvey Leadership Academy sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 49th percentile within DE. Charities of a similar size with the same main cause include Salem Athletic Booster Club ($205k), Homenetmen of Greater Washington Inc ($205k) and Education Foundation ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $641k against liabilities of $0, net assets of $641k.