Young Leaders Council Inc

Analysis

Young Leaders Council Inc is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Young Leaders Council Inc reported income of $393k and spending of $353k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $393k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Young Leaders Council Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within TN. Charities of a similar size with the same main cause include Florida Kiwanis Foundation Inc ($393k), Community Dispute Resolution Center ($393k) and Joint Economic Development Initiative of Southern Ohio ($392k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $82k (23% of expenses). Other salaries and wages came to $55k. At year end it held assets of $187k against liabilities of $93k, net assets of $95k. It reported 2 employees.