L E a D Inc

Analysis

L E a D Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, L E a D Inc reported income of $1.5m and spending of $1.6m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $603k to $1.5m (+148%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, L E a D Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include Home Away From Home Child Care Center ($1.5m), City of Refuge Baltimore Inc ($1.5m) and Grow Dat Youth Farm ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $220k (14% of expenses). Other salaries and wages came to $280k. At year end it held assets of $667k against liabilities of $152k, net assets of $515k. It reported 11 employees.