Sugar Ray Leonard Foundation

Analysis

Sugar Ray Leonard Foundation is a registered charity in United States, based in Granada Hills, CA. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 September 2023, Sugar Ray Leonard Foundation reported income of $349k and spending of $390k, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $246k to $349k (+42%), an average of +9.1% a year. The sharpest change came in the year to September 2022, when income rose by 205%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sugar Ray Leonard Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Starlite Shores Family Camp ($349k), Moville Area Medical Clinic Inc ($349k) and Christian Recovery Houses Inc ($349k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $95k (24% of expenses). At year end it held assets of $131k against liabilities of $2,326, net assets of $128k. It reported 1 employees.