Leadership Brainery

Analysis

Leadership Brainery is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Leadership Brainery reported income of $873k and spending of $663k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $617k to $873k (+42%), an average of +42% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leadership Brainery sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Colorado Restaurant Association Education Fund ($873k), Woodfield Academy Inc ($874k) and We Care Support Services ($873k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $143k (22% of expenses). Other salaries and wages came to $207k. At year end it held assets of $508k against liabilities of $58k, net assets of $450k. It reported 7 employees.