John McLendon Leadership Initiative Foundation

Analysis

John McLendon Leadership Initiative Foundation is a registered charity in United States, based in Westlake, OH. It received its IRS tax-exemption ruling in December 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, John McLendon Leadership Initiative Foundation reported income of $1.5m and spending of $1.9m, spending 131% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.4m to $1.5m (+6.9%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, John McLendon Leadership Initiative Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include C L I Incorporated ($1.5m), McKenzie Montessori Institute Incorporated ($1.5m) and St John Central Academy ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.1m against liabilities of $1,427, net assets of $1.1m.