Leadership Broward Foundation Inc

Analysis

Leadership Broward Foundation Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Leadership Broward Foundation Inc reported income of $550k and spending of $432k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $526k to $550k (+4.5%), an average of +1.1% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Leadership Broward Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include United Way of Greater Oswego County Inc ($549k), Wyoming Delta Dental Foundation ($551k) and Real Christian Foundation Inc ($549k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $135k (31% of expenses). Other salaries and wages came to $63k. At year end it held assets of $838k against liabilities of $289k, net assets of $549k. It reported 3 employees.