The Leeshore Center

Analysis

The Leeshore Center is a registered charity in United States, based in Kenai, AK. It received its IRS tax-exemption ruling in April 1979, 47 years ago. 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 June 2023, The Leeshore Center reported income of $1.6m and spending of $1.6m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $1.6m (-22%), an average of -6.1% a year. The sharpest change came in the year to June 2020, when income dropped by 15%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Leeshore Center sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within AK. Charities of a similar size with the same main cause include Feminist Press Inc ($1.6m), Texas Extension Education Foundation Inc ($1.6m) and Nowlin Hall Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $100k (6.2% of expenses). Other salaries and wages came to $688k. At year end it held assets of $1.0m against liabilities of $146k, net assets of $863k. It reported 21 employees.