Lest We Forget Inc

Analysis

Lest We Forget Inc is a registered charity in United States, based in Stevensville, MI. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lest We Forget Inc reported income of $58k and spending of $55k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $58k (+4.6%), an average of +4.6% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lest We Forget 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 22nd percentile within MI. Charities of a similar size with the same main cause include Samaritan Group Inc ($58k), Hope Now ($58k) and Canton Farmers Market Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 17% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.