The Leigh Foundation Inc
The Leigh Foundation Inc shows fluctuating revenues and consistent expenses exceeding revenue in recent years, drawing down on assets.
EIN: 136169780 · Wilmington, DE · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11K |
| Total Expenses | $12K |
| Program Spending | 70% |
| Net Assets | $268K |
| Transparency Score | 65/100 |
Is The Leigh Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Leigh Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The Leigh Foundation Inc
The Leigh Foundation Inc (EIN: 136169780) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $11K and total assets of $112K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Leigh Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Leigh Foundation Inc is a micro nonprofit that has been operating for 61 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $12K |
| Surplus / Deficit | $-1,388 |
| Total Assets | $268K |
| Total Liabilities | $1 |
| Net Assets | $268K |
| Operating Margin | -12.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 264.8 months |
Financial Health Grade: B
In 2023, The Leigh Foundation Inc reported a deficit of $1K with expenses exceeding revenue, holds 264.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), The Leigh Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +999.4% | -11.5% | -0.5% |
| 2022 | +3275.9% | -27.5% | -4.5% |
| 2021 | -100.0% | +16.5% | -6.2% |
| 2020 | +1377.2% | -9.7% | +16.8% |
| 2019 | -77.2% | -50.7% | -16.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1965 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Leigh Foundation Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, The Leigh Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly efficient for a small foundation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Leigh Foundation Inc's IRS 990 filings:
- Consistent trend of expenses exceeding revenue in recent years (e.g., 2022 expenses $13,736 vs. revenue $979)
- Gradual decline in total assets over the past decade (from $333,249 in 2011 to $268,106 in 2023)
- Significant fluctuation in annual revenue, making financial planning challenging (e.g., $29 in 2021 vs. $59,324 in 2020)
Strengths
The following positive indicators were identified for The Leigh Foundation Inc:
- Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
- Consistent filing of IRS Form 990s, demonstrating a commitment to transparency.
- Maintains a substantial asset base relative to its annual revenue, providing some financial cushion despite recent drawdowns.
Frequently Asked Questions about The Leigh Foundation Inc
Is The Leigh Foundation Inc a legitimate charity?
The Leigh Foundation Inc (EIN: 136169780) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $11K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does The Leigh Foundation Inc spend its money?
The Leigh Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to The Leigh Foundation Inc tax-deductible?
The Leigh Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136169780). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Leigh Foundation Inc's spending goes to programs?
The Leigh Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is The Leigh Foundation Inc located?
The Leigh Foundation Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 136169780.
How many years of IRS 990 filings does The Leigh Foundation Inc have?
The Leigh Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $11K in total revenue.
Is The Leigh Foundation Inc financially sustainable given its trend of expenses exceeding revenue?
The foundation has frequently reported expenses exceeding revenue, such as $13,736 in expenses against $979 in revenue in 2022, and $12,151 in expenses against $10,763 in revenue in 2023. This trend, coupled with a decline in assets from $333,249 in 2011 to $268,106 in 2023, raises concerns about long-term financial sustainability without increased revenue or reduced spending.
What are the primary categories of expenses for The Leigh Foundation Inc?
Without a detailed breakdown of expenses in the provided data, it is difficult to ascertain the exact primary categories. However, for a small foundation, expenses typically include program services, administrative costs, and potentially some fundraising efforts, though the latter might be minimal given the revenue fluctuations.
Why are liabilities consistently reported as $1 in recent years?
The consistent reporting of liabilities as $1 from 2021 to 2023 is unusual and might indicate a placeholder for negligible liabilities or a simplified reporting practice for very small amounts, rather than a precise accounting of actual liabilities.
Filing History
IRS 990 filing history for The Leigh Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Leigh Foundation Inc's revenue has declined by 65.6%, moving from $31K to $11K. Total assets decreased by 19.5% over the same period, from $333K to $268K. Total functional expenses fell by 49.9%, from $24K to $12K. In its most recent filing year (2023), The Leigh Foundation Inc reported a deficit of $1K, with expenses exceeding revenue. The organization holds $1 in liabilities against $268K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $268K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11K | $12K | $268K | $1 | — | — |
| 2022 | $979 | $14K | $269K | $1 | — | — |
| 2021 | $29 | $19K | $282K | $1 | — | View 990 |
| 2020 | $59K | $16K | $301K | $1 | — | — |
| 2019 | $4K | $18K | $258K | $0 | — | View 990 |
| 2015 | $18K | $37K | $310K | $0 | — | View 990 |
| 2014 | $56K | $29K | $327K | $0 | — | View 990 |
| 2013 | $15K | $36K | $301K | $0 | — | View 990 |
| 2012 | $20K | $30K | $323K | $0 | — | View 990 |
| 2011 | $31K | $24K | $333K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11K, expenses of $12K, and assets of $268K (revenue +999.4% year-over-year).
- 2022: Revenue of $979, expenses of $14K, and assets of $269K (revenue +3275.9% year-over-year).
- 2021: Revenue of $29, expenses of $19K, and assets of $282K (revenue -100.0% year-over-year).
- 2020: Revenue of $59K, expenses of $16K, and assets of $301K (revenue +1377.2% year-over-year).
- 2019: Revenue of $4K, expenses of $18K, and assets of $258K (revenue -77.2% year-over-year).
- 2015: Revenue of $18K, expenses of $37K, and assets of $310K (revenue -68.4% year-over-year).
- 2014: Revenue of $56K, expenses of $29K, and assets of $327K (revenue +284.5% year-over-year).
- 2013: Revenue of $15K, expenses of $36K, and assets of $301K (revenue -26.4% year-over-year).
- 2012: Revenue of $20K, expenses of $30K, and assets of $323K (revenue -37.1% year-over-year).
- 2011: Revenue of $31K, expenses of $24K, and assets of $333K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Leigh Foundation Inc:
Data Sources and Methodology
This transparency report for The Leigh Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.