Lemonade International Inc

Analysis

Lemonade International Inc is a registered charity in United States, based in Wake Forest, NC. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Lemonade International Inc reported income of $358k and spending of $381k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $358k (-76%), an average of -30% a year. The sharpest change came in the year to December 2020, when income dropped by 53%. Over the whole period it spent 82% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Lemonade International Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Fund for the European University at St Petersburg ($357k), Physicians Aiding Physicians Abroad Inc ($358k) and Society for Hospital and Resources Exchange Inc ($357k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $85k (22% of expenses). Other salaries and wages came to $137k. At year end it held assets of $55k against liabilities of $9,596, net assets of $46k. It reported 6 employees.