Leadership Lackawanna
Analysis
Leadership Lackawanna is a registered charity in United States, based in Scranton, PA. It received its IRS tax-exemption ruling in March 1986, 40 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 Lackawanna reported income of $285k and spending of $287k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $209k to $285k (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 100% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Lackawanna 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 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Coalition of New York State Career Schools ($285k), Priestley Forsyth Memorial Library ($285k) and Harmony Library Association ($285k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 66% of the total. At year end it held assets of $380k against liabilities of $121k, net assets of $260k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 23%
- Program services 66%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Coalition of New York State Career Schools | Long Is City | $285k |
| Priestley Forsyth Memorial Library | Northumberlnd | $285k |
| Harmony Library Association | Harmony | $285k |
| Catawba Valley Leadership Foundation | Hickory | $285k |