T-Leon Howard Education and Research Fund

Analysis

T-Leon Howard Education and Research Fund is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in May 1991, 35 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, T-Leon Howard Education and Research Fund reported income of $66k and spending of $81k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $97k to $66k (-32%), an average of -9.2% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, T-Leon Howard Education and Research Fund sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include Saint Annes Home ($66k), A Friend in Need Ltd ($66k) and Aubreys Song Foundation Inc ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% of the total. At year end it held assets of $3.0m against liabilities of $74k, net assets of $2.9m.