Lithuanian Research & Studies Center Inc

Analysis

Lithuanian Research & Studies Center Inc is a registered charity in United States, based in Lemont, IL. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover social science, 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, Lithuanian Research & Studies Center Inc reported income of $266k and spending of $204k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $169k to $266k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lithuanian Research & Studies Center Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include United States Lightship Museum Inc ($266k), Dona Ana Arts Council Inc ($266k) and Williams Project ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 0.6% of the total. At year end it held assets of $641k against liabilities of $108k, net assets of $533k.