Leadership Educational Achievement and Prosperity Inc

Analysis

Leadership Educational Achievement and Prosperity Inc is a registered charity in United States, based in Smithfield, UT. It received its IRS tax-exemption ruling in March 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, Leadership Educational Achievement and Prosperity Inc reported income of $290k and spending of $169k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $209k to $290k (+39%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leadership Educational Achievement and Prosperity Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within UT. Charities of a similar size with the same main cause include Gallia Academy High School Athletic Boosters ($290k), National Alternative Education Association Inc ($290k) and Screaming Eagle Foundation ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $284k against liabilities of $0, net assets of $284k.