Leahs Hopes and Dreams Organization

Analysis

Leahs Hopes and Dreams Organization is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Leahs Hopes and Dreams Organization reported income of $154k and spending of $183k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $199k to $154k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Leahs Hopes and Dreams Organization sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Queen Ann Nzinga Center Inc ($154k), Better Together Family Services ($154k) and The Mission Company Inc ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.