Leader Transition Institute Inc

Analysis

Leader Transition Institute Inc is a registered charity in United States, based in Bel Air, MD. It received its IRS tax-exemption ruling in April 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Leader Transition Institute Inc reported income of $89k and spending of $130k, spending 146% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $107k to $89k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leader Transition Institute Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within MD. Charities of a similar size with the same main cause include New Beginnings Shih Tzu Rescue Inc ($89k), Worcester Medical Library Inc ($89k) and Friends of Abandoned Cemeteries Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.