Litohorian Brotherhood Olympos Inc

Analysis

Litohorian Brotherhood Olympos Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Litohorian Brotherhood Olympos Inc reported income of $59k and spending of $44k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $59k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Litohorian Brotherhood Olympos Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Harris County Medical Society Alliance Philanthropic Fund ($59k), Homenetmen NYC Inc ($59k) and Leaps and Bounds of Washington ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $311k against liabilities of $0, net assets of $311k.