Tommy Spaulding Leadership Institute

Analysis

Tommy Spaulding Leadership Institute is a registered charity in United States, based in Riviera Beach, FL. It received its IRS tax-exemption ruling in May 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 December 2023, Tommy Spaulding Leadership Institute reported income of $1.0m and spending of $869k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $685k to $1.0m (+49%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tommy Spaulding Leadership Institute sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Montgomery Christian Academy ($1.0m), Tidelines Institute ($1.0m) and Lake Tahoe Community College Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $138k (16% of expenses). It paid $46k in professional fundraising fees. At year end it held assets of $555k against liabilities of $23k, net assets of $533k. It reported 1 employees.