Leadership Albany Inc

Analysis

Leadership Albany Inc is a registered charity in United States, based in Albany, GA. It received its IRS tax-exemption ruling in January 1994, 32 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 2023, Leadership Albany Inc reported income of $64k and spending of $75k, spending 118% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $43k to $64k (+50%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Albany Inc sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within GA. Charities of a similar size with the same main cause include Texas Pharmacy Foundation Inc ($64k), Rosati Center ($64k) and Al-Anon/Alateen Information Services of Greater Minneapolis ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $117k against liabilities of $56k, net assets of $61k.