Ascending Leaders

Analysis

Ascending Leaders is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Ascending Leaders reported income of $268k and spending of $292k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $244k to $268k (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ascending Leaders sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include We Love White County Inc ($268k), Massachusetts Congregational Charitable Society ($268k) and Calvary Indian Fellowship ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $103k (35% of expenses). Other salaries and wages came to $97k. At year end it held assets of $133k against liabilities of $0, net assets of $133k. It reported 6 employees.