Lge Community Outreach Foundation Inc

Analysis

Lge Community Outreach Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 2010, 16 years ago. 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, Lge Community Outreach Foundation Inc reported income of $295k and spending of $295k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $293k to $295k (+0.8%), an average of +0.2% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lge Community Outreach Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within GA. Charities of a similar size with the same main cause include Big Elm Retirement Center Inc ($295k), Christian Campus Ministry of Springfield ($295k) and Etg Midwest Inc ($295k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $37k against liabilities of $4,000, net assets of $33k.