Journey to Lead Inc

Analysis

Journey to Lead Inc is a registered charity in United States, based in Chester, MD. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Journey to Lead Inc reported income of $2.1m and spending of $1.2m, leaving 43% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $790k to $2.1m (+164%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 128%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Journey to Lead Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include Kahilu Theatre Foundation ($2.1m), Eclectic Soul Voices Corporation ($2.1m) and Young Musicians Unite Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $271k. At year end it held assets of $1.6m against liabilities of $160k, net assets of $1.4m. It reported 2 employees.