Lead Education Group Inc

Analysis

Lead Education Group Inc is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in December 2011, 15 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, Lead Education Group Inc reported income of $363k and spending of $332k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $486k to $363k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lead Education Group Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Wordplay Cincy ($363k), Washington State College of Ohio Foundation ($363k) and Project Education Plus ($363k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $104k (31% of expenses). Other salaries and wages came to $111k. At year end it held assets of $214k against liabilities of $5,428, net assets of $208k. It reported 6 employees.