Lead Wichita Inc

Analysis

Lead Wichita Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lead Wichita Inc reported income of $222k and spending of $183k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $170k to $222k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lead Wichita Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within KS. Charities of a similar size with the same main cause include Parents of Universal Performers Inc ($222k), Vision Tutoring Educational Foundation Inc ($222k) and Media Network of Waterford Covert Center ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.