Leadership Akron

Analysis

Leadership Akron is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in July 1999, 27 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 June 2023, Leadership Akron reported income of $776k and spending of $797k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $940k to $776k (-17%), an average of -4.7% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leadership Akron sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Immanuel Cambodia ($776k), Way Christian Academy Inc ($777k) and Mendon Community Schools Foundation ($776k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $143k (18% of expenses). Other salaries and wages came to $292k. At year end it held assets of $411k against liabilities of $168k, net assets of $244k. It reported 8 employees.