Teen Leadership Corps
Analysis
Teen Leadership Corps is a registered charity in United States, based in Norwalk, OH. It received its IRS tax-exemption ruling in December 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 (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, Teen Leadership Corps reported income of $285k and spending of $195k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $292k to $285k (-2.4%), an average of -0.6% a year. The sharpest change came in the year to December 2023, when income rose by 768%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Teen Leadership Corps sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Friends of Young Scholars ($285k), BHCS an Oregon Non-Profit Corporation ($285k) and Walton County Christian Learning Center Inc ($285k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% of the total. Compensation of current officers, directors and key employees was $55k (28% of expenses). At year end it held assets of $1.1m against liabilities of $16k, net assets of $1.1m. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 47%
- Other 53%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friends of Young Scholars | Philadelphia | $285k |
| BHCS an Oregon Non-Profit Corporation | Brookings | $285k |
| Walton County Christian Learning Center Inc | Monroe | $285k |
| Cocodrilo Development Corporation | New York | $285k |