New Leaders Council

Analysis

New Leaders Council is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2009, 17 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 (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 2022, New Leaders Council reported income of $1.2m and spending of $1.5m, spending 128% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $2.0m to $1.2m (-42%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Leaders Council sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 57th percentile within DC. Charities of a similar size with the same main cause include Feminist Health Center of ($1.2m), Del Monte Manor Inc ($1.2m) and Sertoma Inc ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $160k (11% of expenses). Other salaries and wages came to $397k. At year end it held assets of $204k against liabilities of $253k, net assets of -$49k. It reported 7 employees.