Future Leaders of America

Analysis

Future Leaders of America is a registered charity in United States, based in Oxnard, CA. It received its IRS tax-exemption ruling in October 1997, 29 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 December 2023, Future Leaders of America reported income of $2.2m and spending of $2.4m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.2m (+83%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 533%. Over the whole period it spent 89% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Future Leaders of America sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Boy Scouts of America ($2.2m), Gods Anointed New Generation ($2.2m) and Out Youth Austin ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $115k (4.8% of expenses). Other salaries and wages came to $878k. At year end it held assets of $2.4m against liabilities of $96k, net assets of $2.3m. It reported 32 employees.