LPS of USA Inc

Analysis

LPS of USA Inc is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, LPS of USA Inc reported income of $796k and spending of $590k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $915k to $796k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2021, when income rose by 548%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, LPS of 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 77th percentile, and in the 78th percentile within TN. Charities of a similar size with the same main cause include Help a Neighbor Inc ($796k), Wolfeboro Area Recreation Association ($796k) and Polaris Village Ministries Inc ($795k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 2.1% of the total. At year end it held assets of $3.5m against liabilities of $0, net assets of $3.5m.