Corporate Leadership Center

Analysis

Corporate Leadership Center is a registered charity in United States, based in Burr Ridge, IL. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Corporate Leadership Center reported income of $7.0m and spending of $3.9m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $7.0m (+102%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Corporate Leadership Center sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Young Womens Christian Association of Niagra Frontier Inc ($7.0m), Outreach United Resource Center Inc ($7.1m) and Traditions at Xenia ($7.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $554k (14% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $7.6m against liabilities of $1.2m, net assets of $6.5m. It reported 13 employees.