Leadership North Carolina Inc

Analysis

Leadership North Carolina Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in January 1992, 34 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, Leadership North Carolina Inc reported income of $671k and spending of $963k, spending 144% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $752k to $671k (-11%), an average of -2.8% a year. The sharpest change came in the year to June 2021, when income rose by 77%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leadership North Carolina Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include The Islamic Seminary of America Inc ($671k), Friends Western School ($671k) and Cement Masons Local 527 Joint Apprentice and Training Fund ($671k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $226k (23% of expenses). Other salaries and wages came to $203k. At year end it held assets of $951k against liabilities of $142k, net assets of $810k. It reported 4 employees.