Leonard Wood Institute Inc

Analysis

Leonard Wood Institute Inc is a registered charity in United States, based in Ft Leonard WD, MO. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 2023, Leonard Wood Institute Inc reported income of $1.2m and spending of $1.3m, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $5.7m to $1.2m (-79%), an average of -41% a year. The sharpest change came in the year to June 2023, when income dropped by 53%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Leonard Wood Institute Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within MO. Charities of a similar size with the same main cause include Podium Society Inc ($1.2m), American Ideas Institute ($1.2m) and Boise Contemporary Theater Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $142k (11% of expenses). Other salaries and wages came to $214k. At year end it held assets of $438k against liabilities of $222k, net assets of $216k. It reported 5 employees.