Los Angeles Leadership Academy

Analysis

Los Angeles Leadership Academy is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2001, 25 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, Los Angeles Leadership Academy reported income of $17.7m and spending of $17.8m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.7m to $17.7m (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Los Angeles Leadership Academy sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Nuasin Next Generation Charter ($17.7m), Ex Students Association of the ($17.7m) and Transformational Education Inc ($17.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $743k (4.2% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $20.4m against liabilities of $9.4m, net assets of $11.0m. It reported 110 employees.