Trustees of Leavitt Institute

Analysis

Trustees of Leavitt Institute is a registered charity in United States, based in North Turner, ME. It received its IRS tax-exemption ruling in April 1948, 78 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 April 2024, Trustees of Leavitt Institute reported income of $398k and spending of $261k, leaving 34% of income unspent that year. Across the 4 years on record, from April 2020 to April 2024, income grew from $142k to $398k (+181%), an average of +41% a year. The sharpest change came in the year to April 2021, when income rose by 513%. Over the whole period it spent 38% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trustees of Leavitt Institute sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 62nd percentile within ME. Charities of a similar size with the same main cause include Corning Union High School Charitable Private Foundation ($398k), Dubard School Foundation Trust ($398k) and Boxboro Children Center Inc ($398k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 1.5% of the total. At year end it held assets of $8.6m against liabilities of $0, net assets of $8.6m.