Lalmba Association

Analysis

Lalmba Association is a registered charity in United States, based in Monument, CO. It received its IRS tax-exemption ruling in July 1965, 61 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 March 2023, Lalmba Association reported income of $881k and spending of $1.0m, spending 116% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $709k to $881k (+24%), an average of +5.6% a year. The sharpest change came in the year to March 2021, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Lalmba Association sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include Washington Ireland Program for Service and Leadership ($879k), Aloha Medical Mission ($882k) and World Without Orphans Global ($878k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 96% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $72k (7.0% of expenses). Other salaries and wages came to $54k. At year end it held assets of $861k against liabilities of $16k, net assets of $845k. It reported 3 employees.