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Center for Strategic Leadership and Organizational Coherence Inc

RegisteredEIN 85-1206552Memphis, TNEducation and training
Income$18.0m2023-12
Spending$17.2msame year
Spent / received92%2-year average
Size in its cause96th pctEducation and training
Exempt since2021Publicly supported organisat
Employees19latest return

Analysis

Center for Strategic Leadership and Organizational Coherence Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Center for Strategic Leadership and Organizational Coherence Inc reported income of $18.0m and spending of $17.2m, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $11.6m to $18.0m (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Strategic Leadership and Organizational Coherence Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Usmma Sailing Foundation Inc ($18.0m), Bay Ridge Preparatory School ($18.0m) and Operation Breakthrough Inc ($18.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.0% of the total. Compensation of current officers, directors and key employees was $369k (2.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.9m against liabilities of $1.9m, net assets of $2.0m. It reported 19 employees.

Income and spending

$0$4.5m$9.0m$13.5m$18.0m2022 Income: $11,580,6642022 Spending: $10,119,71120222023 Income: $17,993,0262023 Spending: $17,233,4142023
IncomeSpending

Where the income comes from

  • Contributions & grants 92%
  • Program services 8.0%

Similar-sized charities, same cause

CharityLocationIncome
Usmma Sailing Foundation IncKings Point$18.0m
Bay Ridge Preparatory SchoolBrooklyn$18.0m
Operation Breakthrough IncKansas City$18.0m
Victory College Prep IncIndianapolis$18.0m