University of Leadership and Ministry Inc

Analysis

University of Leadership and Ministry Inc is a registered charity in United States, based in Garner, NC. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, University of Leadership and Ministry Inc reported income of $399k and spending of $386k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $263k to $399k (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Leadership and Ministry Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Parent Booster USA Inc ($399k), Riverside County Office of Education Foundation ($400k) and Parent Faculty Club of Walnut Acres Elementary School ($399k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $109k (28% of expenses). Other salaries and wages came to $138k. At year end it held assets of $34k against liabilities of $5,540, net assets of $28k. It reported 8 employees.