Leadership West Virginia Inc

Analysis

Leadership West Virginia Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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 West Virginia Inc reported income of $428k and spending of $414k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $379k to $428k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership West Virginia Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within WV. Charities of a similar size with the same main cause include Walnut Hills Early Education Arapahoe East ($428k), Southern Regional Corporation ($428k) and International Trombone Association ($428k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $136k (33% of expenses). Other salaries and wages came to $59k. At year end it held assets of $534k against liabilities of $75k, net assets of $459k.