Leadership Winston-Salem

Analysis

Leadership Winston-Salem is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in January 1985, 41 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Leadership Winston-Salem reported income of $483k and spending of $441k, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $373k to $483k (+30%), an average of +9.1% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Winston-Salem sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include World Mind Creation Academy ($483k), Wareham Historical Society Inc ($483k) and Amarillo Elite Volleyball Inc ($483k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $91k (21% of expenses). Other salaries and wages came to $168k. At year end it held assets of $501k against liabilities of $6,253, net assets of $494k. It reported 8 employees.