Advancement Leadership Lab

Analysis

Advancement Leadership Lab is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Advancement Leadership Lab reported income of $523k and spending of $708k, spending 135% of what it took in. Across the 3 years on record, from June 2022 to December 2023, income fell from $594k to $523k (-12%), an average of -6.1% a year. The sharpest change came in the year to December 2023, when income rose by 404%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Advancement Leadership Lab sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include James E Clyburn Scholarship and Research Foundation ($523k), Sharing WW Inc ($523k) and Covenant Classical Community School ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $209k (30% of expenses). Other salaries and wages came to $34k. At year end it held assets of $909k against liabilities of $759k, net assets of $150k. It reported 3 employees.