Leadertreks Inc
Analysis
Leadertreks Inc is a registered charity in United States, based in West Chicago, IL. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Leadertreks Inc reported income of $1.6m and spending of $1.4m, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.6m to $1.6m (-1.5%), an average of -0.4% a year. The sharpest change came in the year to September 2021, when income rose by 51%. Over the whole period it spent 92% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Leadertreks Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include G D L Manor Corp ($1.6m), Riese-Saint Marys Corporation ($1.6m) and Family Hope ($1.6m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 5.8% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $433k (31% of expenses). Other salaries and wages came to $246k. At year end it held assets of $1.9m against liabilities of $1,931, net assets of $1.9m. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 5.8%
- Program services 59%
- Other 36%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| G D L Manor Corp | Warrington | $1.6m |
| Riese-Saint Marys Corporation | Passaic | $1.6m |
| Family Hope | Pasadena | $1.6m |
| Greater New Hope Baptist Church Towers Inc | Baltimore | $1.6m |