Lee Foundation for Civic Leadership Inc

Analysis

Lee Foundation for Civic Leadership Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Lee Foundation for Civic Leadership Inc reported income of $9.5m and spending of $13.6m, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.5m to $9.5m (-30%), an average of -8.5% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lee Foundation for Civic Leadership 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 95th percentile, and in the 96th percentile within DE. Charities of a similar size with the same main cause include Bootheel Area Independent Living Services Inc ($9.5m), Advo Companies Inc ($9.5m) and Creative Capital Foundation ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $96k. At year end it held assets of $4.1m against liabilities of $452k, net assets of $3.7m.