Leela Foundation

Analysis

Leela Foundation is a registered charity in United States, based in Ashland, OR. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Leela Foundation reported income of $518k and spending of $486k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $470k to $518k (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Leela Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OR. Charities of a similar size with the same main cause include American Reformer ($517k), Sons of Thunder Ministries & Publications Inc ($518k) and Emmaus Center Inc ($517k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $164k (34% of expenses). Other salaries and wages came to $49k. At year end it held assets of $267k against liabilities of $8,621, net assets of $258k. It reported 4 employees.