Leadership Education Mission for Africa - Lema Institute

Analysis

Leadership Education Mission for Africa - Lema Institute is a registered charity in United States, based in Otsego, MI. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Leadership Education Mission for Africa - Lema Institute reported income of $241k and spending of $283k, spending 117% of what it took in. Across the 3 years on record, from March 2022 to December 2023, income fell from $385k to $241k (-37%), an average of -21% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leadership Education Mission for Africa - Lema Institute sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include Valle Schools Foundation Inc ($241k), Sioux City Public Schools Foundation ($241k) and Allgire Foundation ($241k).

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 $55k (19% of expenses). Other salaries and wages came to $49k. At year end it held assets of $25k against liabilities of $7,156, net assets of $18k. It reported 6 employees.