Lewisite Inc

Analysis

Lewisite Inc is a registered charity in United States, based in Wyandotte, MI. It received its IRS tax-exemption ruling in March 1985, 41 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 September 2023, Lewisite Inc reported income of $444k and spending of $331k, leaving 26% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $269k to $444k (+65%), an average of +13% a year. The sharpest change came in the year to September 2023, when income rose by 78%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lewisite Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include Trilogy Recovery Community ($444k), Not Impossible Foundation Inc ($444k) and American Society of Pain Management Nurses ($444k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $58k (17% of expenses). Other salaries and wages came to $152k. At year end it held assets of $161k against liabilities of $0, net assets of $161k. It reported 6 employees.