Severn Leadership Group Inc

Analysis

Severn Leadership Group Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Severn Leadership Group Inc reported income of $281k and spending of $299k, spending 106% of what it took in. Across the 4 years on record, from June 2020 to December 2023, income grew from $165k to $281k (+71%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Severn Leadership Group Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MD. Charities of a similar size with the same main cause include American Turners Inc ($281k), American Society of Civil Engineers ($281k) and Ceramic League of Miami Inc ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $111k (37% of expenses). Other salaries and wages came to $55k. At year end it held assets of $218k against liabilities of $1,993, net assets of $216k. It reported 3 employees.