Laughlin Community Center Inc

Analysis

Laughlin Community Center Inc is a registered charity in United States, based in Wheeling, WV. It received its IRS tax-exemption ruling in July 1997, 29 years ago. 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, Laughlin Community Center Inc reported income of $463k and spending of $430k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $281k to $463k (+65%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Laughlin Community Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within WV. Charities of a similar size with the same main cause include St Clair Superior Development Corporation ($463k), National Church Residences of Waterford Development Fund Company ($463k) and Interactive Sciences Incorporated ($463k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $146k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 28 employees.