Douglass Leadership Institute Inc

Analysis

Douglass Leadership Institute Inc is a registered charity in United States, based in Montgomry VLG, MD. It received its IRS tax-exemption ruling in May 2020, 6 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 May 2023, Douglass Leadership Institute Inc reported income of $284k and spending of $1.4m, spending 497% of what it took in. Across the 6 years on record, from June 2018 to May 2023, income grew from $104k to $284k (+174%), an average of +22% a year. The sharpest change came in the year to May 2022, when income rose by 501%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Douglass Leadership Institute Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MD. Charities of a similar size with the same main cause include Addiscoder Inc ($284k), Prosser Community Involvment and Action ($284k) and Post Stampede Inc ($284k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $48k (3.4% of expenses). It paid $24k in professional fundraising fees. At year end it held assets of $160k against liabilities of $2,781, net assets of $157k.