Lend an Ear Outreach Inc

Analysis

Lend an Ear Outreach Inc is a registered charity in United States, based in Ponte Vedra Beach, FL. It received its IRS tax-exemption ruling in May 2012, 14 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 December 2023, Lend an Ear Outreach Inc reported income of $78k and spending of $35k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $78k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lend an Ear Outreach Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include Greenville Evening Rotary Charitiesinc ($78k), Yellowstone Family ($78k) and Sister Accord Foundation ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 113% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.