Lsa Pharmacy Inc

Analysis

Lsa Pharmacy Inc is a registered charity in United States, based in Salisbury, NC. It received its IRS tax-exemption ruling in April 1988, 38 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Lsa Pharmacy Inc reported income of $9.0m and spending of $8.3m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.2m to $9.0m (+9.0%), an average of +2.2% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lsa Pharmacy Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include King County Directors Association ($9.0m), Camden Community Partnership Inc ($9.0m) and Helping Hands Food Bank of Sedro Woolley ($9.0m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $14.2m against liabilities of $365k, net assets of $13.8m. It reported 27 employees.