Leadership Pasadena Inc

Analysis

Leadership Pasadena Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, Leadership Pasadena Inc reported income of $176k and spending of $144k, spending 82% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $125k to $176k (+40%), an average of +7.0% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Leadership Pasadena Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Bixby Knolls Community Foundation ($176k), Lights of the Delta Inc ($176k) and Centre-South Main Streets Inc ($176k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $71k against liabilities of $12k, net assets of $59k.