Lords Cupboard

Analysis

Lords Cupboard is a registered charity in United States, based in Whiteland, IN. It received its IRS tax-exemption ruling in April 1984, 42 years ago. 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, Lords Cupboard reported income of $507k and spending of $403k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $277k to $507k (+83%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lords Cupboard sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include Habitat for Humanity Inc ($507k), Cca Marlins ($507k) and Technology Student Association ($507k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. Compensation of current officers, directors and key employees was $104k (26% of expenses). At year end it held assets of $468k against liabilities of $0, net assets of $468k. It reported 9 employees.