Prince Georges Leadership Action Network Inc

Analysis

Prince Georges Leadership Action Network Inc is a registered charity in United States, based in Lanham, MD. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Prince Georges Leadership Action Network Inc reported income of $189k and spending of $203k, spending 107% of what it took in. Across the 4 years on record, from May 2021 to May 2024, income fell from $210k to $189k (-9.9%), an average of -3.4% a year. The sharpest change came in the year to May 2023, when income rose by 39%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Prince Georges Leadership Action Network Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MD. Charities of a similar size with the same main cause include Tempo Milwaukee Foundation Inc ($189k), South Sudan Nation Builders ($189k) and Americans for the Competitive Enterprise System Inc of Western P ($189k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $99k (49% of expenses). Other salaries and wages came to $20k. At year end it held assets of $47k against liabilities of $0, net assets of $47k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.