National Medal of Honor Center for Leadership

Analysis

National Medal of Honor Center for Leadership is a registered charity in United States, based in Mt Pleasant, SC. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, National Medal of Honor Center for Leadership reported income of $5.2m and spending of $4.8m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $588k to $5.2m (+783%), an average of +107% a year. The sharpest change came in the year to June 2022, when income rose by 1887%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, National Medal of Honor Center for Leadership sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within SC. Charities of a similar size with the same main cause include Central Kansas Community Foundation ($5.2m), L S U Property Foundation ($5.2m) and San Antonio Area Foundation ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $228k (4.8% of expenses). Other salaries and wages came to $194k. At year end it held assets of $7.1m against liabilities of $5.7m, net assets of $1.4m.