Leaders Collective

Analysis

Leaders Collective is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Leaders Collective reported income of $670k and spending of $626k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $411k to $670k (+63%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Leaders Collective sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Chosen 300 Ministries Inc ($670k), Solid Rock Mission ($671k) and El Tabernaculo Del Testimonio Inc ($670k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $97k (16% of expenses). Other salaries and wages came to $216k. At year end it held assets of $50k against liabilities of $31k, net assets of $19k. It reported 6 employees.