Lost Boys Center for Leadership Development

Analysis

Lost Boys Center for Leadership Development is a registered charity in United States, based in Peoria, AZ. It received its IRS tax-exemption ruling in August 2003, 23 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 2023, Lost Boys Center for Leadership Development reported income of $224k and spending of $77k, leaving 66% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $224k (+461%), an average of +461% a year. The sharpest change came in the year to December 2023, when income rose by 461%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lost Boys Center for Leadership Development sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within AZ. Charities of a similar size with the same main cause include Indiana Agriculture Nutrient Alliance Inc ($224k), Northern California Peoples Advocate ($224k) and Shaq Mason Foundation ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $50k (66% of expenses). At year end it held assets of $365k against liabilities of $0, net assets of $365k. It reported 3 employees.