Tenth & Lami Inc

Analysis

Tenth & Lami Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Tenth & Lami Inc reported income of $164k and spending of $227k, spending 139% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $161k to $164k (+1.8%), an average of +0.6% a year. Over the whole period it spent 136% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tenth & Lami Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within MO. Charities of a similar size with the same main cause include Kids Et Cetera Day Care Center Inc ($164k), Advancing Compassion Project ($164k) and Bungoma Bible Ministries ($164k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Other salaries and wages came to $26k. At year end it held assets of $721k against liabilities of $120k, net assets of $601k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.