Leadership Empowerment Awareness Development

Analysis

Leadership Empowerment Awareness Development is a registered charity in United States, based in Bay City, MI. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Leadership Empowerment Awareness Development reported income of $353k and spending of $267k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $266k to $353k (+33%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Leadership Empowerment Awareness Development sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Calvary Childrens School Inc ($353k), Arc of Buncombe County Inc ($353k) and Help of Fort Meade Inc ($353k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $83k (31% of expenses). Other salaries and wages came to $102k. At year end it held assets of $302k against liabilities of $62k, net assets of $239k. It reported 6 employees.