Lead First Foundation of Corpus Christi Texas

Analysis

Lead First Foundation of Corpus Christi Texas is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lead First Foundation of Corpus Christi Texas reported income of $111k and spending of $139k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $127k to $111k (-12%), an average of -12% a year. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lead First Foundation of Corpus Christi Texas sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Rochester Christian School Foundation Inc ($111k), South Salem High Music Boosters ($111k) and North Augusta Senior High Boosters ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $72k against liabilities of $43k, net assets of $29k.