Let Them Lol

Analysis

Let Them Lol is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in November 2011, 15 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, Let Them Lol reported income of $1.1m and spending of $1.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $766k to $1.1m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 79% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Let Them Lol sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include The Yonkofa Project Inc ($1.1m), Us-Mexico Border Philanthropy Partnership ($1.1m) and International Network for Aid Relief and Assistance Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $65k (6.3% of expenses). Other salaries and wages came to $145k. At year end it held assets of $3.2m against liabilities of $1.9m, net assets of $1.2m. It reported 5 employees.