Leadership Tennessee Inc

Analysis

Leadership Tennessee Inc is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in September 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, Leadership Tennessee Inc reported income of $623k and spending of $654k, spending 105% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $517k to $623k (+20%), an average of +9.7% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Tennessee Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within TN. Charities of a similar size with the same main cause include St Louis Mens Group Against Cancer ($623k), Access 2 Independence ($623k) and Marion Walters Wing TR Uw Resid ($623k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $167k (26% of expenses). Other salaries and wages came to $138k. At year end it held assets of $322k against liabilities of $23k, net assets of $300k. It reported 3 employees.