Led2serve Inc

Analysis

Led2serve Inc is a registered charity in United States, based in Longwood, FL. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Led2serve Inc reported income of $190k and spending of $227k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $727k to $190k (-74%), an average of -28% a year. The sharpest change came in the year to December 2022, when income rose by 741%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Led2serve Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Mba Challenge for Charity ($190k), A P Y C Inc Endowment Trust ($190k) and United Way of Mon Valley ($190k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $12k (5.3% of expenses). At year end it held assets of $261k against liabilities of $0, net assets of $261k.