Lionel Lee Jr Center for Wellness

Analysis

Lionel Lee Jr Center for Wellness is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Lionel Lee Jr Center for Wellness reported income of $104k and spending of $64k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $104k (+61%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lionel Lee Jr Center for Wellness sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within NC. Charities of a similar size with the same main cause include Global Sustainable Partnerships Inc ($104k), Mt Jewett Area Ambulance Association Inc ($104k) and Plant-Based Life Foundation ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.