Lambda Archives of San Diego

Analysis

Lambda Archives of San Diego is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in April 1990, 36 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Lambda Archives of San Diego reported income of $144k and spending of $377k, spending 262% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $247k to $144k (-42%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lambda Archives of San Diego sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Lake Travis Music Theatre Inc ($144k), Surels Place Inc ($144k) and Broadway Bound Players of Medford ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 0.1% of the total. Other salaries and wages came to $194k. At year end it held assets of $712k against liabilities of $87k, net assets of $625k. It reported 8 employees.