Logan Community Resources Inc

Analysis

Logan Community Resources Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in August 1952, 74 years ago. 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, Logan Community Resources Inc reported income of $30.8m and spending of $30.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.2m to $30.8m (+22%), an average of +5.2% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Logan Community Resources Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include Living Well Disability Services ($30.8m), Stony Brook School ($30.8m) and The Learning Center for the Deaf Inc ($30.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $457k (1.5% of expenses). Other salaries and wages came to $19.8m. It paid $40k in professional fundraising fees. At year end it held assets of $30.4m against liabilities of $7.8m, net assets of $22.6m. It reported 790 employees.