Leadership Southcoast Inc

Analysis

Leadership Southcoast Inc is a registered charity in United States, based in Fall River, MA. It received its IRS tax-exemption ruling in November 2019, 7 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, Leadership Southcoast Inc reported income of $197k and spending of $203k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $197k (+126%), an average of +126% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 124% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leadership Southcoast Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include Red Robin Scholarship Foundation in C ($197k), Center for Development Inc ($197k) and Sunshine Farm Sanctuary Inc ($197k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $76k against liabilities of $101k, net assets of -$26k.