Encouraging Leaders

Analysis

Encouraging Leaders is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Encouraging Leaders reported income of $729k and spending of $729k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $735k to $729k (-0.9%), an average of -0.9% a year. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Encouraging Leaders sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MN. Charities of a similar size with the same main cause include Martin Luther King Youth Center Inc ($729k), Vernon Avenue Project Inc ($729k) and Puerto Rico Youth at Risk Inc ($727k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $157k (22% of expenses). Other salaries and wages came to $255k. At year end it held assets of $206k against liabilities of $78k, net assets of $128k. It reported 17 employees.