Leap to Shine

Analysis

Leap to Shine is a registered charity in United States, based in Monmouth JCT, NJ. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Leap to Shine reported income of $171k and spending of $122k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $254k to $171k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Leap to Shine sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 57th percentile within NJ. Charities of a similar size with the same main cause include Crown Heights Youth Collective Inc ($171k), Hearts Hands and Hope Inc ($171k) and Christmas for Kids Inc ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $179k against liabilities of $0, net assets of $179k.