Leadership Empowerment Center Inc

Analysis

Leadership Empowerment Center Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Leadership Empowerment Center Inc reported income of $2.1m and spending of $684k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $447k to $2.1m (+361%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 254%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Leadership Empowerment Center Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within TN. Charities of a similar size with the same main cause include Proclaim Aviation Ministries Inc ($2.1m), Congregation Dorg ($2.1m) and Ceta Canyon Camp & Retreat Center ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $98k (14% of expenses). Other salaries and wages came to $239k. At year end it held assets of $1.8m against liabilities of $83k, net assets of $1.7m. It reported 7 employees.