Leadercare Inc

Analysis

Leadercare Inc is a registered charity in United States, based in Parker, CO. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Leadercare Inc reported income of $147k and spending of $123k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $128k to $147k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Leadercare Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within CO. Charities of a similar size with the same main cause include Zoll Therapy and Wellness Professional Corporation ($147k), Mt Healthy Alliance Inc ($147k) and Spirithorse Therapeutic Riding Center ($147k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $40k (32% of expenses). At year end it held assets of $81k against liabilities of $217k, net assets of -$135k.