Leadership Conference Education Fund Inc

Analysis

Leadership Conference Education Fund Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1971, 55 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 (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 Conference Education Fund Inc reported income of $16.9m and spending of $21.3m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $26.8m to $16.9m (-37%), an average of -11% a year. The sharpest change came in the year to December 2020, when income rose by 74%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Conference Education Fund Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 92nd percentile within DC. Charities of a similar size with the same main cause include West Holt Memorial Hospital ($16.9m), Ministry Health Care Inc ($16.9m) and Renown Health Foundation ($16.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $1.7m (8.1% of expenses). Other salaries and wages came to $7.9m. It paid $53k in professional fundraising fees. At year end it held assets of $57.6m against liabilities of $11.8m, net assets of $45.8m. It reported 129 employees.