Leonard Education Organization Inc

Analysis

Leonard Education Organization Inc is a registered charity in United States, based in Buena Vista, VA. It received its IRS tax-exemption ruling in August 2016, 10 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 June 2023, Leonard Education Organization Inc reported income of $189k and spending of $171k, spending 90% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $150k to $189k (+26%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leonard Education Organization Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include Univ of South Alabama Foundation for Research and Commercialization ($189k), Project Rock South Inc ($189k) and Pleiades Network Inc ($189k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $107k against liabilities of $3,811, net assets of $103k.