Leadership Southern Maryland

Analysis

Leadership Southern Maryland is a registered charity in United States, based in California, MD. 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 (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 Southern Maryland reported income of $260k and spending of $285k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $265k to $260k (-1.9%), an average of -0.5% a year. The sharpest change came in the year to June 2021, when income rose by 90%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leadership Southern Maryland sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MD. Charities of a similar size with the same main cause include Cumberland County Extension Education Building Association ($260k), Leadership South Carolina ($260k) and Rincon University Marching Band Association ($260k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $104k (36% of expenses). Other salaries and wages came to $57k. At year end it held assets of $530k against liabilities of $178k, net assets of $352k. It reported 5 employees.