Leo Project Inc

Analysis

Leo Project Inc is a registered charity in United States, based in Chilmark, MA. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 January 2024, Leo Project Inc reported income of $248k and spending of $234k, spending 95% of its income. Across the 3 years on record, from January 2022 to January 2024, income fell from $529k to $248k (-53%), an average of -32% a year. The sharpest change came in the year to January 2023, when income dropped by 33%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leo Project Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within MA. Charities of a similar size with the same main cause include Holy Family Association ($248k), Kappa Kappa Gamma Charitable Foundation ($248k) and Onelife for Life Inc ($248k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $225k against liabilities of $0, net assets of $225k.