Leap Charities

Analysis

Leap Charities is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Leap Charities reported income of $4.8m and spending of $1.8m, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $610k to $4.8m (+684%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 139%. Over the whole period it spent 48% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Leap Charities sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within ID. Charities of a similar size with the same main cause include I Earn Inc ($4.8m), Conservation Council of Nations ($4.8m) and Synergos Institute Inc ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $183k (10% of expenses). Other salaries and wages came to $386k. It paid $81k in professional fundraising fees. At year end it held assets of $19.0m against liabilities of $12.7m, net assets of $6.3m. It reported 11 employees.