Leon H Sullivan Charitable TR

Analysis

Leon H Sullivan Charitable TR is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 1966, 60 years ago. 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 December 2023, Leon H Sullivan Charitable TR reported income of $1.4m and spending of $952k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.4m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leon H Sullivan Charitable TR sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Rail Volution ($1.4m), Inspiration Hills ($1.4m) and Baltimore Washington Medical Center Foundation Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.6% and program service revenue 60% of the total. Other salaries and wages came to $152k. At year end it held assets of $4.8m against liabilities of $1.3m, net assets of $3.6m. It reported 8 employees.