Ascent Leadership Development

Analysis

Ascent Leadership Development is a registered charity in United States, based in Davis, CA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Ascent Leadership Development reported income of $945k and spending of $934k, spending 99% of its income. Across the 2 years on record, from December 2021 to December 2023, income grew from $377k to $945k (+151%), an average of +151% a year. The sharpest change came in the year to December 2023, when income rose by 151%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ascent Leadership Development sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Parkchester Islamic Center Inc ($944k), Youth with a Mission Idaho Boise Cascade Inc ($946k) and Sam J Stone B Nai B Rith Covenant House of Peoria Inc II ($944k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $200k (21% of expenses). Other salaries and wages came to $101k. At year end it held assets of $147k against liabilities of $3,952, net assets of $143k. It reported 3 employees.