The Ledge

Analysis

The Ledge is a registered charity in United States, based in Spring Creek, TN. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, The Ledge reported income of $485k and spending of $167k, leaving 66% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $723k to $485k (-33%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 517%. Over the whole period it spent 7.7% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Ledge sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within TN. Charities of a similar size with the same main cause include Pullman Community Center NFP ($485k), Crow Wing County Fair Association ($485k) and Girls on the Run of the Greater Chesapeake ($484k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $61k. At year end it held assets of $2.4m against liabilities of $2,013, net assets of $2.4m.