Leaves Inc

Analysis

Leaves Inc is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in September 1956, 70 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Leaves Inc reported income of $4.1m and spending of $3.4m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $4.1m (+93%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Leaves Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Chabad of Columbus ($4.1m), Philadelphia Waldorf Initiative Inc ($4.1m) and Swaminarayan Aksharpith Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $211k (6.1% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $2.3m against liabilities of $181k, net assets of $2.1m. It reported 62 employees.