Equip Leadership Inc

Analysis

Equip Leadership Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in January 1996, 30 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, Equip Leadership Inc reported income of $12.9m and spending of $12.6m, spending 97% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $6.9m to $12.9m (+88%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Equip Leadership Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Camp Morasha Inc ($12.8m), Living on the Edge Ministries Inc ($12.9m) and Foundation for the Charlotte Jewish Community ($12.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $75k (0.6% of expenses). Other salaries and wages came to $772k. At year end it held assets of $4.3m against liabilities of $558k, net assets of $3.7m. It reported 24 employees.