Leo House

Analysis

Leo House is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1965, 61 years ago. 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 October 2023, Leo House reported income of $4.2m and spending of $4.4m, spending 104% of its income. Across the 5 years on record, from October 2019 to October 2023, income fell from $4.2m to $4.2m (-0.6%), an average of -0.2% a year. The sharpest change came in the year to October 2020, when income dropped by 50%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leo House sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Institute of General Semantics Incorporated ($4.2m), Chi Chi Rodriguez Youth Foundation ($4.2m) and Daniel Murphy Scholarship Fund ($4.2m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 3.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $91k (2.1% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $9.8m against liabilities of $1.1m, net assets of $8.7m. It reported 37 employees.