Leadership Ministries Worldwide
Analysis
Leadership Ministries Worldwide is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Leadership Ministries Worldwide reported income of $720k and spending of $659k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $945k to $720k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 91% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Leadership Ministries Worldwide sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within TN. Charities of a similar size with the same main cause include Lubavitch Chabad of Westborough Inc ($720k), Randy & Renee Clark Ministries Inc ($720k) and Tech Mission Inc ($719k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Compensation of current officers, directors and key employees was $61k (9.3% of expenses). Other salaries and wages came to $224k. At year end it held assets of $954k against liabilities of $32k, net assets of $922k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 65%
- Other 35%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lubavitch Chabad of Westborough Inc | Westborough | $720k |
| Randy & Renee Clark Ministries Inc | Beaumont | $720k |
| Tech Mission Inc | Kansas City | $719k |
| Sri Kamakshi Community Center Inc | Morgan Hill | $720k |