Leadership Long Beach Inc

Analysis

Leadership Long Beach Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in October 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Leadership Long Beach Inc reported income of $395k and spending of $392k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $377k to $395k (+4.7%), an average of +0.9% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Long Beach Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include North Harford Recreation Council Inc ($395k), Intercessors of the Lamb Inc ($395k) and Morehouse College National Alumni Association ($395k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 57% and program service revenue 43% of the total. Other salaries and wages came to $215k. At year end it held assets of $243k against liabilities of $4,041, net assets of $239k. It reported 3 employees.