Lads to Leaders-Leaderettes Inc

Analysis

Lads to Leaders-Leaderettes Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 September 2023, Lads to Leaders-Leaderettes Inc reported income of $1.3m and spending of $1.1m, spending 83% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.3m (+18%), an average of +4.3% a year. The sharpest change came in the year to September 2021, when income rose by 47%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lads to Leaders-Leaderettes Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within AL. Charities of a similar size with the same main cause include Snoqualmie Valley Youth Soccer Association ($1.3m), Boys & Girls Clubs of Southern Nevada Foundation Inc ($1.3m) and Five Star Life ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 34% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $193k (18% of expenses). Other salaries and wages came to $304k. At year end it held assets of $1.5m against liabilities of $39k, net assets of $1.5m. It reported 6 employees.