Leader Empowerment and Development Inc

Analysis

Leader Empowerment and Development Inc is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Leader Empowerment and Development Inc reported income of $1.5m and spending of $988k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $661k to $1.5m (+126%), an average of +23% a year. The sharpest change came in the year to June 2020, when income rose by 115%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Leader Empowerment and Development Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include Camp Zion Inc ($1.5m), Baitul Mamur Masjid & Community ($1.5m) and Jewish Community Center of the Delaware Valley ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $121k (12% of expenses). Other salaries and wages came to $158k. At year end it held assets of $1.9m against liabilities of $34k, net assets of $1.9m. It reported 3 employees.