The Institute of Political Leadership Inc

Analysis

The Institute of Political Leadership Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in August 1988, 38 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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, The Institute of Political Leadership Inc reported income of $134k and spending of $126k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $134k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Institute of Political Leadership Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NC. Charities of a similar size with the same main cause include New Tampa Players Inc ($134k), Smithfield-Preston Foundation ($134k) and Rhythm & Rhymes Art Center ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Other salaries and wages came to $95k. At year end it held assets of $47k against liabilities of $832, net assets of $46k. It reported 2 employees.