Leading Edge International Ltd

Analysis

Leading Edge International Ltd is a registered charity in United States, based in Strasburg, OH. It received its IRS tax-exemption ruling in June 1974, 52 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, Leading Edge International Ltd reported income of $493k and spending of $484k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $230k to $493k (+114%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 92%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leading Edge International Ltd sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Waverly Road Child Care Center Inc ($493k), St Joseph Society of Rosen ($493k) and Life Issues Institute ($493k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $24k (4.9% of expenses). Other salaries and wages came to $4,530. At year end it held assets of $166k against liabilities of $42k, net assets of $124k.