Legal Aid Corporation of Tippecanoe County

Analysis

Legal Aid Corporation of Tippecanoe County is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in December 1971, 55 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 December 2023, Legal Aid Corporation of Tippecanoe County reported income of $229k and spending of $245k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $202k to $229k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2020, when income rose by 101%. 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, Legal Aid Corporation of Tippecanoe County 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 57th percentile, and in the 56th percentile within IN. Charities of a similar size with the same main cause include Raising Multicultural Kids ($229k), Youngstown Community Food Center Inc ($229k) and Johnson County Library Foundation ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $52k (21% of expenses). Other salaries and wages came to $113k. At year end it held assets of $590k against liabilities of $107k, net assets of $484k. It reported 8 employees.