The Ladder Community Center

Analysis

The Ladder Community Center is a registered charity in United States, based in Shelby, MI. It received its IRS tax-exemption ruling in May 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 (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, The Ladder Community Center reported income of $383k and spending of $344k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $383k (+105%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Ladder Community Center sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Penn Foundation Trust ($383k), Keren Avrum Yosef Inc ($383k) and Care for Humanity ($383k).

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 $63k (18% of expenses). Other salaries and wages came to $17k. At year end it held assets of $714k against liabilities of $6,004, net assets of $708k. It reported 11 employees.