Lead NC Institute

Analysis

Lead NC Institute is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in September 2017, 9 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 December 2022, Lead NC Institute reported income of $420k and spending of $417k, spending 99% of its income. Across the 4 years on record, from April 2019 to December 2022, income grew from $301k to $420k (+39%), an average of +12% a year. The sharpest change came in the year to April 2021, when income rose by 157%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lead NC Institute sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Centro de Educacion Integral Soles Del Jardin Inc ($420k), Community Homeschool Education Center Inc ($420k) and Jordan Valley District Library ($420k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $107k against liabilities of $965, net assets of $106k.