Lunch Is Served Inc

Analysis

Lunch Is Served Inc is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Lunch Is Served Inc reported income of $117k and spending of $97k, spending 83% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $75k to $117k (+55%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lunch Is Served Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within SD. Charities of a similar size with the same main cause include Compass-Finances Gods Way Ministries of Florida Inc ($117k), Hale O Mana O Lana Hou II ($117k) and Circles of Troup County Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $184k against liabilities of $256, net assets of $184k.