Lecudo USA Corp

Analysis

Lecudo USA Corp is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Lecudo USA Corp reported income of $177k and spending of $168k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $177k (+221%), an average of +221% a year. The sharpest change came in the year to December 2023, when income rose by 221%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Lecudo USA Corp sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MD. Charities of a similar size with the same main cause include Earth and Water ($177k), Into Africa Inc ($178k) and Association for Canadian Studies in the United States ($177k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 74% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.