Nexus Leaders Inc

Analysis

Nexus Leaders Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in March 2009, 17 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 June 2024, Nexus Leaders Inc reported income of $110k and spending of $106k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $91k to $110k (+20%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nexus Leaders Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within TN. Charities of a similar size with the same main cause include Tewaaraton Foundation ($110k), Isd No 197 Educational Foundation ($110k) and Emil C E Jurica Endowment Trust ($110k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 36% of the total. At year end it held assets of $60k against liabilities of $4,042, net assets of $56k.