Lmyf Inc

Analysis

Lmyf Inc is a registered charity in United States, based in Maineville, OH. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Lmyf Inc reported income of $274k and spending of $217k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $192k to $274k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lmyf 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 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Olympia Reign Volleyball Club ($274k), 310 Sports Academy ($274k) and Pop Warner Little Scholars Inc ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $147k against liabilities of $0, net assets of $147k.