Lalela Project Inc

Analysis

Lalela Project Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2009, 17 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, Lalela Project Inc reported income of $759k and spending of $537k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $847k to $759k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Lalela Project Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Friends of Ifosud ($759k), Ohel Avraham ($761k) and American Security Council Foundation ($757k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $169k (31% of expenses). Other salaries and wages came to $70k. At year end it held assets of $937k against liabilities of $271k, net assets of $666k. It reported 4 employees.