Lambs Workshop Inc

Analysis

Lambs Workshop Inc is a registered charity in United States, based in Bedford, NH. It received its IRS tax-exemption ruling in June 1983, 43 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Lambs Workshop Inc reported income of $263k and spending of $321k, spending 122% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $260k to $263k (+1.2%), an average of +0.3% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lambs Workshop Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within NH. Charities of a similar size with the same main cause include Ridgewood Volunteer Ambulance Corps Inc ($263k), Performance Learning Cooperative ($263k) and Society of Genitourinary Reconstructive Surgeons ($263k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $60k (19% of expenses). Other salaries and wages came to $160k. At year end it held assets of $216k against liabilities of $0, net assets of $216k. It reported 15 employees.