Longleaf Services Inc

Analysis

Longleaf Services Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Longleaf Services Inc reported income of $4.5m and spending of $4.6m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $4.5m (+19%), an average of +4.5% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Longleaf Services 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 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include University at Buffalo Student Association Inc ($4.5m), Southern Indiana Graduate Medical Education Consortium Inc ($4.5m) and Chapel Hill Christian Academy ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $255k (5.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $11.7m against liabilities of $11.2m, net assets of $466k. It reported 28 employees.