Lpif Foundation
Analysis
Lpif Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in December 2010, 16 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 June 2023, Lpif Foundation reported income of $285k and spending of $178k, leaving 37% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $207k to $285k (+38%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 60% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lpif Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NE. Charities of a similar size with the same main cause include Inspire Continuing Care ($285k), Highway City Community Development Inc ($285k) and Frontsight Military Ministry ($285k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $886k against liabilities of $0, net assets of $886k.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Other 8.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Inspire Continuing Care | Geneseo | $285k |
| Highway City Community Development Inc | Fresno | $285k |
| Frontsight Military Ministry | Ontario | $285k |
| Fort Worth Flying Club | Fort Worth | $285k |