Lenam Inc

Analysis

Lenam Inc is a registered charity in United States, based in McHenry, IL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Lenam Inc reported income of $78k and spending of $77k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $79k to $78k (-1.4%), an average of -1.4% a year. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lenam Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Great Valley School District Education Foundation ($78k), Anchor Hope ($78k) and United Seniors Association of Pittsburgh ($78k).

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 $21k against liabilities of $0, net assets of $21k.