Take the Lead Inc

Analysis

Take the Lead Inc is a registered charity in United States, based in Clayton, NY. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Take the Lead Inc reported income of $1.1m and spending of $527k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $920k to $1.1m (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Take the Lead Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Good Neighbors Inc ($1.1m), Rooted Academy ($1.1m) and Wesley Community Center ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 9.4% of the total. Other salaries and wages came to $70k. At year end it held assets of $8.6m against liabilities of $23k, net assets of $8.6m. It reported 1 employees.