Leadership Montgomery Inc

Analysis

Leadership Montgomery Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in February 1990, 36 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 (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, Leadership Montgomery Inc reported income of $335k and spending of $330k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $282k to $335k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Montgomery Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within AL. Charities of a similar size with the same main cause include Ohio County Tourism Inc ($335k), Leisure Education for Exceptional People Inc ($335k) and Prevention Council of Roanoke County ($335k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $127k (38% of expenses). At year end it held assets of $431k against liabilities of $0, net assets of $431k. It reported 4 employees.