Leaders in Furthering Education Inc

Analysis

Leaders in Furthering Education Inc is a registered charity in United States, based in Lantana, FL. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Leaders in Furthering Education Inc reported income of $949k and spending of $1.2m, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $949k (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2021, when income rose by 1433%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Leaders in Furthering Education Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Friends of Chabad-Lubavitch Bolivia ($949k), Donors of Color Network Inc ($949k) and Himalayan Childrens Charities Inc ($949k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 130% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.