Center for Leadership Development Inc

Analysis

Center for Leadership Development Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 1977, 49 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 December 2023, Center for Leadership Development Inc reported income of $5.1m and spending of $3.0m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.4m to $5.1m (-55%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 215%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Leadership Development Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include New Life Services Inc ($5.1m), Marshall County Caring Inc ($5.1m) and Donatestock Charitable Inc ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $370k (12% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $29.0m against liabilities of $499k, net assets of $28.5m. It reported 45 employees.