Learn to Lead Foundation of Lowell Inc

Analysis

Learn to Lead Foundation of Lowell Inc is a registered charity in United States, based in Lowell, MA. It received its IRS tax-exemption ruling in April 2000, 26 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, Learn to Lead Foundation of Lowell Inc reported income of $832k and spending of $669k, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $688k to $832k (+21%), an average of +4.9% a year. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learn to Lead Foundation of Lowell Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Minds of the Future Foundation ($832k), Divine Destiny School Inc ($832k) and Center for Community Health Education Research and Service Inc ($832k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $7.0m against liabilities of $5.4m, net assets of $1.6m.