Leads Inc

Analysis

Leads Inc is a registered charity in United States, based in Lawrence, MA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Leads Inc reported income of $946k and spending of $799k, spending 84% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $742k to $946k (+27%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leads Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Up Real Estate Inc ($945k), Meadowlark Academy Inc ($946k) and Discovery School of San Antonio ($945k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $314k (39% of expenses). Other salaries and wages came to $51k. At year end it held assets of $397k against liabilities of $21k, net assets of $376k. It reported 2 employees.