Leisure Education for Exceptional People Inc

Analysis

Leisure Education for Exceptional People Inc is a registered charity in United States, based in Mankato, MN. It received its IRS tax-exemption ruling in January 1984, 42 years ago. 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, Leisure Education for Exceptional People Inc reported income of $335k and spending of $310k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $358k to $335k (-6.4%), an average of -1.6% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leisure Education for Exceptional People Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Leadership Montgomery Inc ($335k), Paralyzed Veterans of America ($335k) and Ohio County Tourism Inc ($335k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $72k (23% of expenses). Other salaries and wages came to $96k. At year end it held assets of $451k against liabilities of $26k, net assets of $426k. It reported 15 employees.