Leadersup

Analysis

Leadersup is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2014, 12 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 (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, Leadersup reported income of $4.5m and spending of $4.3m, spending 96% of its income. Across the 6 years on record, from September 2019 to December 2023, income grew from $3.3m to $4.5m (+35%), an average of +6.1% a year. The sharpest change came in the year to December 2020, when income rose by 157%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Leadersup sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Spread the Word Nevada ($4.5m), Boy Scouts of America ($4.5m) and Boys and Girls Club of Topeka ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $225k (5.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $5.8m against liabilities of $5.6m, net assets of $259k. It reported 14 employees.