Lead San Diego Inc

Analysis

Lead San Diego Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 1982, 44 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 December 2023, Lead San Diego Inc reported income of $712k and spending of $542k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $644k to $712k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lead San Diego Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Volunteers of America Inc ($712k), Pee Dee Regional Emergency Medical ($712k) and Professional & Business Association ($712k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 59% of the total. Other salaries and wages came to $318k. At year end it held assets of $1.1m against liabilities of $230k, net assets of $861k.