Lewis Little Folks Inc

Analysis

Lewis Little Folks Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in March 1987, 39 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Lewis Little Folks Inc reported income of $1.3m and spending of $1.1m, spending 82% of its income. Across the 4 years on record, from May 2019 to May 2023, income grew from $1.1m to $1.3m (+17%), an average of +5.4% a year. The sharpest change came in the year to May 2023, when income rose by 42%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lewis Little Folks Inc 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 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Redwood Empire Electrical Training Trust ($1.3m), Hardee County Fair Incorporated ($1.3m) and National Society to Prevent Blindness ($1.3m).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $53k (4.9% of expenses). Other salaries and wages came to $710k. At year end it held assets of $427k against liabilities of $73k, net assets of $353k. It reported 27 employees.