L W Fraser Independent Living Project II Inc

Analysis

L W Fraser Independent Living Project II Inc is a registered charity in United States, based in Richfield, MN. It received its IRS tax-exemption ruling in May 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, L W Fraser Independent Living Project II Inc reported income of $373k and spending of $358k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $326k to $373k (+14%), an average of +3.4% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, L W Fraser Independent Living Project II Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Congress of Racial Equality of California ($373k), Unitypoint Health-Marshalltown Foundation ($373k) and Donka Incorporated ($373k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $630k against liabilities of $1.2m, net assets of -$574k.