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MVP Leader Group Inc

RegisteredEIN 84-2702850Lebanon, TNPoverty relief
Income$734k2023-12
Spending$535ksame year
Spent / received74%2-year average
Size in its cause71st pctPoverty relief
Exempt since2020Publicly supported organisat
Employees2latest return

Analysis

MVP Leader Group Inc is a registered charity in United States, based in Lebanon, TN. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, MVP Leader Group Inc reported income of $734k and spending of $535k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $437k to $734k (+68%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, MVP Leader Group Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within TN. Charities of a similar size with the same main cause include District Three Youth & Adults Inc ($734k), John Knox Village Foundation ($734k) and Beauregard Council of the Aging Inc ($734k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $104k (19% of expenses). Other salaries and wages came to $4,867. At year end it held assets of $332k against liabilities of $2,200, net assets of $329k. It reported 2 employees.

Income and spending

$0$183k$367k$550k$734k2022 Income: $437,3262022 Spending: $328,07820222023 Income: $733,9232023 Spending: $535,0152023
IncomeSpending

Where the income comes from

  • Contributions & grants 93%
  • Other 6.8%

Similar-sized charities, same cause

CharityLocationIncome
District Three Youth & Adults IncBrooklyn$734k
John Knox Village FoundationLees Summit$734k
Beauregard Council of the Aging IncDeridder$734k
Tomchei Shabbos of FloridaN Miami Beach$734k