Leadmo

Analysis

Leadmo is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Leadmo reported income of $169k and spending of $170k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $85k to $169k (+97%), an average of +40% a year. The sharpest change came in the year to December 2022, when income rose by 145%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Leadmo sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within MO. Charities of a similar size with the same main cause include Tigrean Association ($169k), Training Officers Consortium ($169k) and Phelps Business Development &tourism Council Inc ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $61k (36% of expenses). Other salaries and wages came to $40k. At year end it held assets of $46k against liabilities of $0, net assets of $46k. It reported 6 employees.