Vantage Leadership Initiative
Analysis
Vantage Leadership Initiative is a registered charity in United States, based in Huntsville, AL. 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, Vantage Leadership Initiative reported income of $469k and spending of $476k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $537k to $469k (-13%), an average of -13% a year. Over the whole period it spent 87% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Vantage Leadership Initiative sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within AL. Charities of a similar size with the same main cause include Reconciliation Ministries International Inc ($469k), American Committee for the Adv of Torah Education in Israel Inc ($469k) and Shirdi Saibaba Pray Center Inc ($469k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Other salaries and wages came to $223k. At year end it held assets of $176k against liabilities of $3,765, net assets of $172k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 74%
- Program services 26%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Reconciliation Ministries International Inc | Desoto | $469k |
| American Committee for the Adv of Torah Education in Israel Inc | Deep River | $469k |
| Shirdi Saibaba Pray Center Inc | Chaska | $469k |
| Heritage Christian School of San Diego | San Diego | $469k |