LRBT USA Inc

Analysis

LRBT USA Inc is a registered charity in United States, based in Watertown, NY. It received its IRS tax-exemption ruling in March 2005, 21 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, LRBT USA Inc reported income of $2.5m and spending of $649k, leaving 74% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $537k to $2.5m (+366%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 165%. Over the whole period it spent 61% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, LRBT USA Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Timc Ltd ($2.5m), Joni and Friends Foundation ($2.5m) and WBCSD US Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $6,035 in professional fundraising fees. At year end it held assets of $2.0m against liabilities of $57k, net assets of $2.0m.