Leos Pride Foundation

Analysis

Leos Pride Foundation is a registered charity in United States, based in Ballentine, SC. It received its IRS tax-exemption ruling in September 2016, 10 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 2022, Leos Pride Foundation reported income of $397k and spending of $1.6m, spending 412% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $301k to $397k (+32%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Leos Pride Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within SC. Charities of a similar size with the same main cause include Restoration 225 Inc ($397k), Bighouse Inc ($397k) and Christian Community Action Inc ($397k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $341k against liabilities of $0, net assets of $341k.