Leadership Academy of Nevada

Analysis

Leadership Academy of Nevada is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in January 2016, 10 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, Leadership Academy of Nevada reported income of $2.6m and spending of $3.0m, spending 115% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.2m to $2.6m (+18%), an average of +5.7% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leadership Academy of Nevada sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within UT. Charities of a similar size with the same main cause include Ubuntu Pathways Inc ($2.6m), North of Boston Library Exchange Inc ($2.6m) and NJ Leep Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $139k (4.6% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.6m against liabilities of $3.2m, net assets of $436k. It reported 50 employees.