Laurel Leadership Institute
Analysis
Laurel Leadership Institute is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2020, 6 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 June 2023, Laurel Leadership Institute reported income of $1.6m and spending of $1.6m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $215k to $1.6m (+638%), an average of +95% a year. The sharpest change came in the year to June 2021, when income rose by 246%. Over the whole period it spent 81% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Laurel Leadership Institute sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Laura Jeffrey Academy ($1.6m), Brooklyn Institute for Social Research ($1.6m) and Mountainside Montessori ($1.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $190k (12% of expenses). Other salaries and wages came to $333k. At year end it held assets of $707k against liabilities of $38k, net assets of $669k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 87%
- Program services 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Laura Jeffrey Academy | Saint Paul | $1.6m |
| Brooklyn Institute for Social Research | Brooklyn | $1.6m |
| Mountainside Montessori | Marshall | $1.6m |
| Haw River Christian Academy Inc | Pittsboro | $1.6m |