Leap Niagara Charitable Resources Inc

Analysis

Leap Niagara Charitable Resources Inc is a registered charity in United States, based in Niagara Falls, NY. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Leap Niagara Charitable Resources Inc reported income of $375k and spending of $10k, leaving 97% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $686k to $375k (-45%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 60%. Over the whole period it spent 3.1% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Leap Niagara Charitable Resources Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Spark Kindness Inc ($374k), Youth Organized & United to Help ($375k) and Rehoboth Community Development Corporation ($374k).

At year end it held assets of $9.2m against liabilities of $146k, net assets of $9.0m.