Logosdor Inc

Analysis

Logosdor Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Logosdor Inc reported income of $440k and spending of $635k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $875k to $440k (-50%), an average of -16% a year. The sharpest change came in the year to December 2022, when income rose by 158%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Logosdor Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Literacy and Beyond Inc ($439k), Will Allen Foundation ($440k) and Urbana Neighborhood Connections Center ($439k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.4% of the total. Other salaries and wages came to $63k. At year end it held assets of $882k against liabilities of $6,295, net assets of $875k. It reported 1 employees.