Leadership Transformations Inc

Analysis

Leadership Transformations Inc is a registered charity in United States, based in Lexington, MA. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Leadership Transformations Inc reported income of $1.4m and spending of $1.2m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $970k to $1.4m (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Leadership Transformations Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Abbas Heart Ministries Inc ($1.4m), Timothy Training International NFP ($1.4m) and Timothy International ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $319k (26% of expenses). Other salaries and wages came to $236k. At year end it held assets of $1.5m against liabilities of $641k, net assets of $830k. It reported 9 employees.