Lido Civic Club Charities Inc

Analysis

Lido Civic Club Charities Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lido Civic Club Charities Inc reported income of $179k and spending of $198k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $226k to $179k (-21%), an average of -5.6% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lido Civic Club Charities Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 28th percentile within DC. Charities of a similar size with the same main cause include Saint Paul Police Foundation ($179k), Claires Community Inc ($179k) and Realty One Group Cares Inc ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.