Lambswear Inc

Analysis

Lambswear Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Lambswear Inc reported income of $167k and spending of $186k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $167k (+1.4%), an average of +1.4% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lambswear Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within IN. Charities of a similar size with the same main cause include Sandy Springs Arts Foundation Inc ($167k), Pop Warner Little Scholars Inc ($167k) and Euclid Schools Foundation ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $129k against liabilities of $121, net assets of $129k.