Leeds Welfare Cooperative Inc Barbara Higginbotham

Analysis

Leeds Welfare Cooperative Inc Barbara Higginbotham is a registered charity in United States, based in Leeds, AL. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Leeds Welfare Cooperative Inc Barbara Higginbotham reported income of $91k and spending of $78k, spending 85% of its income. Across the 5 years on record, from September 2019 to December 2022, income grew from $58k to $91k (+56%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Leeds Welfare Cooperative Inc Barbara Higginbotham sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within AL. Charities of a similar size with the same main cause include Secrets Savored Inc ($91k), A Friend in Need Inc ($91k) and Gmo Free USA Inc ($91k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.