The Ladder

Analysis

The Ladder is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in August 2017, 9 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, The Ladder reported income of $97k and spending of $78k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $97k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Ladder sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within AL. Charities of a similar size with the same main cause include Advancing Opportunities in Madagascar ($97k), The Anawim ($97k) and Buzzys Bees ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 113% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.