Leadership Initiatives
Analysis
Leadership Initiatives is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2004, 22 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 (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, Leadership Initiatives reported income of $2.7m and spending of $2.7m, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $499k to $2.7m (+433%), an average of +40% a year. The sharpest change came in the year to December 2022, when income rose by 104%. Over the whole period it spent 97% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Initiatives sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 71st percentile within DC. Charities of a similar size with the same main cause include Helping Hands Inc ($2.7m), H & T Medicals Inc ($2.7m) and Big Brothers Big Sisters of San Diego County Inc ($2.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $53k (2.0% of expenses). At year end it held assets of $1.5m against liabilities of $1.4m, net assets of $72k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 9.0%
- Program services 91%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Helping Hands Inc | Bentonville | $2.7m |
| H & T Medicals Inc | Cranston | $2.7m |
| Big Brothers Big Sisters of San Diego County Inc | San Diego | $2.7m |
| I U O E Local 158 Training Fund | Cicero | $2.7m |