Lysoa Inc

Analysis

Lysoa Inc is a registered charity in United States, based in Lynn, MA. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 April 2024, Lysoa Inc reported income of $306k and spending of $285k, spending 93% of its income. Across the 3 years on record, from April 2022 to April 2024, income grew from $223k to $306k (+38%), an average of +17% a year. The sharpest change came in the year to April 2024, when income rose by 36%. Over the whole period it spent 102% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Lysoa Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Gardner Commons Development Corporation ($306k), Lackawanna Pro Bono Inc ($307k) and Servicios Legales Comunitarios Inc ($306k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $166k. At year end it held assets of $45k against liabilities of $6,839, net assets of $39k. It reported 5 employees.