Leadership Training and Education Fund

Analysis

Leadership Training and Education Fund is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 May 2023, Leadership Training and Education Fund reported income of $2.8m and spending of $2.1m, leaving 26% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.6m to $2.8m (+78%), an average of +16% a year. The sharpest change came in the year to May 2022, when income rose by 52%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Leadership Training and Education Fund sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Street Law Inc ($2.8m), New American Association of Massachusetts Inc ($2.8m) and New Mexico Manufacturing Extension Partnership ($2.8m).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.8m against liabilities of $37k, net assets of $1.8m.