Cultivate Leadership Institute

Analysis

Cultivate Leadership Institute is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in October 2020, 6 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 June 2023, Cultivate Leadership Institute reported income of $135k and spending of $168k, spending 124% of what it took in. Across the 3 years on record, from December 2021 to June 2023, income fell from $182k to $135k (-26%), an average of -14% a year. The sharpest change came in the year to June 2023, when income rose by 170%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cultivate Leadership Institute sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include Bighelp for Education ($135k), The International Association of General Motors Automotive Service ($135k) and Tolstoy Education Foundation ($135k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 45% of the total. At year end it held assets of $420k against liabilities of $340k, net assets of $81k.