Leadership East Tennessee

Analysis

Leadership East Tennessee is a registered charity in United States, based in Lenoir City, TN. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Leadership East Tennessee reported income of $70k and spending of $52k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $70k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Leadership East Tennessee sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within TN. Charities of a similar size with the same main cause include Martha T Berry Foundation ($70k), Showmens Association Charities Corporation ($70k) and The Allis Connection ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 67% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.