Lots

Analysis

Lots is a registered charity in United States, based in Sheridan, MI. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lots reported income of $85k and spending of $86k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $85k (+6.8%), an average of +6.8% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lots sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within MI. Charities of a similar size with the same main cause include Tamion Enterprises ($85k), Allston-Brighton Area Planning Action Council Inc ($85k) and Feeding Kids Cleveland County ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 74% of the total. At year end it held assets of $18k against liabilities of $2,179, net assets of $16k.