Lto Ventures

Analysis

Lto Ventures is a registered charity in United States, based in Boerne, TX. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lto Ventures reported income of $254k and spending of $239k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $241k to $254k (+5.6%), an average of +2.8% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lto Ventures sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include United Korean Association of Hawaii ($254k), Generous Hands Inc ($254k) and Perfect Seva Inc ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $113k (47% of expenses). At year end it held assets of $35k against liabilities of $6,090, net assets of $29k. It reported 1 employees.