Catawba Valley Leadership Foundation

Analysis

Catawba Valley Leadership Foundation is a registered charity in United States, based in Hickory, NC. It received its IRS tax-exemption ruling in March 2018, 8 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, Catawba Valley Leadership Foundation reported income of $285k and spending of $238k, spending 84% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $234k to $285k (+22%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catawba Valley Leadership Foundation 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 59th percentile within NC. Charities of a similar size with the same main cause include Priestley Forsyth Memorial Library ($285k), Church Womens Christian Ministries Inc ($285k) and Leadership Lackawanna ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $49k (21% of expenses). Other salaries and wages came to $32k. At year end it held assets of $170k against liabilities of $3,796, net assets of $166k. It reported 2 employees.