Future Leaders Organization

Analysis

Future Leaders Organization is a registered charity in United States, based in Pleasantville, NJ. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Future Leaders Organization reported income of $280k and spending of $303k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $209k to $280k (+34%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 68% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Future Leaders Organization sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include American Debate League ($280k), Bay Area Girls Rock Camp ($280k) and Open Doors for Youth ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $39k (13% of expenses). Other salaries and wages came to $135k. At year end it held assets of $38k against liabilities of $38k, net assets of $1. It reported 23 employees.