Leupold Foundation

Analysis

Leupold Foundation is a registered charity in United States, based in Colfax, NC. It received its IRS tax-exemption ruling in March 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, Leupold Foundation reported income of $264k and spending of $260k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $86k to $264k (+206%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 276%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leupold Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include National Association of Corporate Directors ($264k), West Aurora Blackhawk Sportsboosters ($264k) and Pastors for Texas Children ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Other salaries and wages came to $71k. At year end it held assets of $1.7m against liabilities of $34k, net assets of $1.6m. It reported 13 employees.