Knoxville Leadership Foundation

Analysis

Knoxville Leadership Foundation is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Knoxville Leadership Foundation reported income of $7.1m and spending of $6.2m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $7.1m (+120%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Knoxville Leadership Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within TN. Charities of a similar size with the same main cause include Z Ministries Inc ($7.1m), Third Millennium Ministries Inc ($7.1m) and United States Catholic Conference ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $806k (13% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $8.9m against liabilities of $5.2m, net assets of $3.7m. It reported 66 employees.