Leadership Palm Beach County Inc

Analysis

Leadership Palm Beach County Inc is a registered charity in United States, based in West Palm Beach, FL. It received its IRS tax-exemption ruling in October 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 Palm Beach County Inc reported income of $567k and spending of $480k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $423k to $567k (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Palm Beach County Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Tidal Waves Girls Fastpitch ($567k), Haddam Volunteer Ambulance Service Inc ($567k) and Friends of the Bing ($567k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $117k (24% of expenses). Other salaries and wages came to $130k. At year end it held assets of $599k against liabilities of $130k, net assets of $469k. It reported 4 employees.