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Leadership Triangle Inc

RegisteredEIN 56-1852726Raleigh, NCEducation and training
Income$596k2024-06
Spending$605ksame year
Spent / received96%6-year average
Size in its cause70th pctEducation and training
Exempt since1994Publicly supported organisat
Employees5latest return

Analysis

Leadership Triangle Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in May 1994, 32 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 2024, Leadership Triangle Inc reported income of $596k and spending of $605k, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $254k to $596k (+134%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leadership Triangle Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Central Christian Academy Inc ($596k), Louis T Graves Memorial Public Library Association ($596k) and Greenville Learning Center Inc ($595k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $134k (22% of expenses). Other salaries and wages came to $115k. At year end it held assets of $244k against liabilities of $113k, net assets of $131k. It reported 5 employees.

Income and spending

$0$155k$310k$465k$619k2019 Income: $254,1822019 Spending: $250,55520192020 Income: $246,0902020 Spending: $222,31020202021 Income: $296,3672021 Spending: $234,37620212022 Income: $435,2592022 Spending: $440,52520222023 Income: $619,4822023 Spending: $604,01420232024 Income: $595,5812024 Spending: $604,7422024
IncomeSpending

Where the income comes from

  • Contributions & grants 26%
  • Program services 74%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Central Christian Academy IncOrlando$596k
Louis T Graves Memorial Public Library AssociationKennebunkport$596k
Greenville Learning Center IncGreenville$595k
Lake School CorporationOakland$596k