LBC Foundation

Analysis

LBC Foundation is a registered charity in United States, based in Lenexa, KS. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, LBC Foundation reported income of $95k and spending of $124k, spending 130% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $22k to $95k (+339%), an average of +110% a year. The sharpest change came in the year to December 2022, when income rose by 975%. Over the whole period it spent 56% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, LBC Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within KS. Charities of a similar size with the same main cause include Christ Connection ($95k), Parvuli Mariae Sanctissimae ($95k) and Sikh Aid USA ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $435k against liabilities of $0, net assets of $435k.