Lead Pa Institute

Analysis

Lead Pa Institute is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 December 2023, Lead Pa Institute reported income of $209k and spending of $198k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $259k to $209k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 74% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lead Pa Institute sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Rotary Community Service Inc ($209k), Locking Arms Men ($209k) and Local City Collective ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $245k against liabilities of $124k, net assets of $122k.