Lead Upstate Inc

Analysis

Lead Upstate Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in August 2020, 6 years ago. 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 April 2024, Lead Upstate Inc reported income of $122k and spending of $132k, spending 109% of what it took in. Across the 2 years on record, from April 2023 to April 2024, income grew from $104k to $122k (+17%), an average of +17% a year. The sharpest change came in the year to April 2024, when income rose by 17%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lead Upstate 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 42nd percentile, and in the 48th percentile within SC. Charities of a similar size with the same main cause include Ohios Association of Goodwill Industries Inc ($122k), Hills & Dales Health Care Corporation ($122k) and PTA California Congress of Parents Teachers & Students Inc ($122k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.