Lead Education Foundation
Analysis
Lead Education Foundation is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in April 2026. 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 September 2021, Lead Education Foundation reported income of $5.4m and spending of $5.9m, spending 110% of what it took in. Across the 3 years on record, from September 2019 to September 2021, income grew from $719k to $5.4m (+649%), an average of +174% a year. The sharpest change came in the year to September 2020, when income rose by 366%. Over the whole period it spent 106% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Lead Education Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 95th percentile within AL. Charities of a similar size with the same main cause include The California Education Partners ($5.4m), Atlas Public Schools ($5.4m) and Buffalo State College Foundation Housing Corporation ($5.4m).
On its Form 990 for the period ending September 2021, revenue came from contributions and grants 94% and program service revenue 0.1% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $1.3m against liabilities of $1.9m, net assets of -$584k. It reported 89 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 0.1%
- Other 6.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The California Education Partners | San Francisco | $5.4m |
| Atlas Public Schools | Saint Louis | $5.4m |
| Buffalo State College Foundation Housing Corporation | Buffalo | $5.4m |
| Bishop Noland Episcopal Day School | Lake Charles | $5.4m |