Lucys Love Bus Charitable Trust

Analysis

Lucys Love Bus Charitable Trust is a registered charity in United States, based in Amesbury, MA. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Lucys Love Bus Charitable Trust reported income of $728k and spending of $703k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $468k to $728k (+56%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lucys Love Bus Charitable Trust sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Safe Surroundings and Refuge ($728k), Will Rogers Range Riders Foundation ($728k) and Penns Valley Emergency Medical Services ($727k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $101k (14% of expenses). Other salaries and wages came to $258k. At year end it held assets of $885k against liabilities of $100k, net assets of $786k. It reported 6 employees.