Lamar Sheltered Workshop

Analysis

Lamar Sheltered Workshop is a registered charity in United States, based in Lamar, MO. It received its IRS tax-exemption ruling in March 1974, 52 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lamar Sheltered Workshop reported income of $801k and spending of $423k, leaving 47% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $275k to $801k (+191%), an average of +43% a year. The sharpest change came in the year to June 2022, when income rose by 77%. Over the whole period it spent 67% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lamar Sheltered Workshop sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within MO. Charities of a similar size with the same main cause include Senior Navigatorcom ($801k), Suited for Success Inc ($801k) and Biomed Sa ($799k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $182k. At year end it held assets of $1.4m against liabilities of $14k, net assets of $1.3m. It reported 29 employees.