Shannon Leadership Institute

Analysis

Shannon Leadership Institute is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Shannon Leadership Institute reported income of $89k and spending of $144k, spending 162% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $293k to $89k (-70%), an average of -45% a year. The sharpest change came in the year to December 2022, when income dropped by 78%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shannon Leadership Institute sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within MN. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($89k), Dr Michael a Evans Sr Scholarship Foundation ($89k) and Liberty Place Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $229k against liabilities of $6,340, net assets of $223k.