Leadership Howard County Inc

Analysis

Leadership Howard County Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in January 1988, 38 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Leadership Howard County Inc reported income of $457k and spending of $604k, spending 132% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $600k to $457k (-24%), an average of -6.6% a year. The sharpest change came in the year to June 2021, when income rose by 141%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Howard County Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MD. Charities of a similar size with the same main cause include Mennonite Camp Association of Oregon Inc ($457k), St Josephs Hospital Auxiliary Inc ($457k) and Lomi School Foundation ($457k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $115k (19% of expenses). At year end it held assets of $2.1m against liabilities of $138k, net assets of $2.0m. It reported 9 employees.