Leadership Lake County Inc

Analysis

Leadership Lake County Inc is a registered charity in United States, based in Mentor, OH. It received its IRS tax-exemption ruling in February 1987, 39 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 Lake County Inc reported income of $410k and spending of $431k, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $348k to $410k (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Lake County 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 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Communication Workers of America ($410k), LA Vista Club for the Sightless Inc ($410k) and Camp Rock Inc ($410k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $94k (22% of expenses). Other salaries and wages came to $141k. At year end it held assets of $119k against liabilities of $39k, net assets of $80k. It reported 7 employees.