Leap International Inc

Analysis

Leap International Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Leap International Inc reported income of $146k and spending of $148k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $126k to $146k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leap International Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within KY. Charities of a similar size with the same main cause include Gamma Pi Boule Foundation ($146k), The Ivy Legacy Foundation ($146k) and Port Clinton Athletic Boosters Club ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.