The Leaders Readers Network

Analysis

The Leaders Readers Network is a registered charity in United States, based in Canyon, TX. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Leaders Readers Network reported income of $156k and spending of $198k, spending 127% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $302k to $156k (-48%), an average of -48% a year. The sharpest change came in the year to June 2023, when income dropped by 48%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Leaders Readers Network sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Plans He Has for You Ministries Inc ($156k), Harvard Womxn in Computer Science Inc ($156k) and Castle View Gridiron Club ($156k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $105k against liabilities of $13k, net assets of $93k.