Lealman and Asian Neighborhood Family Center Inc

Analysis

Lealman and Asian Neighborhood Family Center Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in December 2000, 26 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 September 2023, Lealman and Asian Neighborhood Family Center Inc reported income of $858k and spending of $889k, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $713k to $858k (+20%), an average of +4.8% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lealman and Asian Neighborhood Family Center Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Associated Italian American Charities of Maryland Inc ($858k), David a Howe Public Library ($859k) and Paducah Public Schools Foundation Inc ($858k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $58k (6.5% of expenses). Other salaries and wages came to $424k. At year end it held assets of $1.1m against liabilities of $212k, net assets of $889k. It reported 15 employees.