Pharmacy Leadership and Education Institute Inc

Analysis

Pharmacy Leadership and Education Institute Inc is a registered charity in United States, based in South Lyon, MI. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Pharmacy Leadership and Education Institute Inc reported income of $239k and spending of $86k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $142k to $239k (+68%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 174%. Over the whole period it spent 37% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pharmacy Leadership and Education Institute Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include Peacemakers Inc ($239k), Beyond Limits Therapeutic Riding Inc ($239k) and Ahl Foundation Inc ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 8.4% of the total. Compensation of current officers, directors and key employees was $11k (13% of expenses). At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.