Leadership Gwinnett Foundation Inc

Analysis

Leadership Gwinnett Foundation Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Leadership Gwinnett Foundation Inc reported income of $403k and spending of $457k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $412k to $403k (-2.1%), an average of -0.5% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Leadership Gwinnett Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Boys & Girls Clubs of Carbon County ($403k), Boys and Girls Club of Hocak Nisoc Haci ($403k) and Pass It on Inc ($403k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 69% of the total. Other salaries and wages came to $125k. At year end it held assets of $721k against liabilities of $100k, net assets of $622k.