Leaders of Many Inc

Analysis

Leaders of Many Inc is a registered charity in United States, based in Ave Maria, FL. It received its IRS tax-exemption ruling in June 2015, 11 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 June 2024, Leaders of Many Inc reported income of $191k and spending of $103k, leaving 46% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $497k to $191k (-62%), an average of -21% a year. The sharpest change came in the year to June 2022, when income rose by 1166%. Over the whole period it spent 53% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Leaders of Many Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include All Nations Church Growing-Up Reading Clinic ($191k), Youth Actors Academy of Lincoln Inc ($191k) and Anytown Leadership Program Inc ($191k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% of the total. At year end it held assets of $1.5m against liabilities of $1.5m, net assets of -$2,460.