The Leverage Network Inc

Analysis

The Leverage Network Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 December 2023, The Leverage Network Inc reported income of $637k and spending of $580k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $637k (+193%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 78% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, The Leverage Network Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Foundation II of the American College of Trial Lawyers Inc ($637k), Washington Counseling Center ($637k) and League of Women Voters of Ohio Education Fund ($636k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 134% of the total. Compensation of current officers, directors and key employees was $247k (43% of expenses). At year end it held assets of $770k against liabilities of $169k, net assets of $601k. It reported 3 employees.