Leadership Knoxville Inc

Analysis

Leadership Knoxville Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in June 1985, 41 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 June 2023, Leadership Knoxville Inc reported income of $2.7m and spending of $1.0m, leaving 61% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $962k to $2.7m (+178%), an average of +29% a year. The sharpest change came in the year to June 2023, when income rose by 171%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leadership Knoxville Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within TN. Charities of a similar size with the same main cause include White Birch Community Center ($2.7m), Heritage Family School ($2.7m) and Success Foundation Serving Greeley-Evans Schools Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $167k (16% of expenses). Other salaries and wages came to $252k. At year end it held assets of $2.5m against liabilities of $476k, net assets of $2.0m. It reported 6 employees.