New Leaf Organization

Analysis

New Leaf Organization is a registered charity in United States, based in London, OH. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Leaf Organization reported income of $15.3m and spending of $13.1m, spending 85% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.3m to $15.3m (+1063%), an average of +126% a year. The sharpest change came in the year to December 2022, when income rose by 234%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Leaf Organization sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Gateway Public Schools ($15.3m), Lincoln Charter Academy ($15.3m) and City of Hialeah Education Academy Inc ($15.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $674k (5.2% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $3.8m against liabilities of $882k, net assets of $2.9m. It reported 138 employees.