Leadership Hendericks County Inc

Analysis

Leadership Hendericks County Inc is a registered charity in United States, based in Danville, IN. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Leadership Hendericks County Inc reported income of $193k and spending of $200k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $237k to $193k (-19%), an average of -9.9% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Leadership Hendericks County Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within IN. Charities of a similar size with the same main cause include Valley Vision ($193k), Northern Lakes Arts Association ($193k) and Bravura Philharmonic Orchestra ($193k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $51k (26% of expenses). Other salaries and wages came to $49k. At year end it held assets of $134k against liabilities of $8,580, net assets of $125k. It reported 2 employees.