Leadership Training Incorporated

Analysis

Leadership Training Incorporated is a registered charity in United States, based in Hempstead, NY. It received its IRS tax-exemption ruling in August 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Leadership Training Incorporated reported income of $2.0m and spending of $1.9m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.0m (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Leadership Training Incorporated sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Rhinelander Area Food Pantry ($2.0m), Clarehouse Inc ($2.0m) and Lord of Life Adult & Child Services Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $205k (11% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.3m against liabilities of $404k, net assets of $1.9m. It reported 31 employees.