Led Better Inc

Analysis

Led Better Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in May 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 (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, Led Better Inc reported income of $915k and spending of $707k, leaving 23% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $395k to $915k (+132%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Led Better Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within NV. Charities of a similar size with the same main cause include Scalawag ($914k), W B Collins Early Learning Project ($915k) and San Dieguito Academy Foundation ($914k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $213k (30% of expenses). Other salaries and wages came to $169k. At year end it held assets of $474k against liabilities of $0, net assets of $474k. It reported 4 employees.