Leaderstream Inc
Analysis
Leaderstream Inc is a registered charity in United States, based in Elkhart, IN. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2024, Leaderstream Inc reported income of $341k and spending of $72k, leaving 79% of income unspent that year. Across the 4 years on record, from September 2021 to September 2024, income fell from $544k to $341k (-37%), an average of -14% a year. The sharpest change came in the year to September 2023, when income dropped by 64%. Over the whole period it spent 11% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Leaderstream Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IN. Charities of a similar size with the same main cause include Mens Discipleship Network Inc ($341k), Legacy Ministries ($341k) and Tapestry Counseling of East Texas Inc ($341k).
On its Form 990 for the period ending September 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $71k (98% of expenses). At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 5.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mens Discipleship Network Inc | Massapequa PK | $341k |
| Legacy Ministries | Dadeville | $341k |
| Tapestry Counseling of East Texas Inc | Tyler | $341k |
| O Dell Ministries Inc | Pine Knot | $341k |