Ldor Vador Development Corp

Analysis

Ldor Vador Development Corp is a registered charity in United States, based in N Miami Beach, FL. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Ldor Vador Development Corp reported income of $103k and spending of $85k, spending 83% of its income. Across the 3 years on record, from December 2019 to December 2022, income grew from $97k to $103k (+6.8%), an average of +3.4% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ldor Vador Development Corp sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Henry D Moore Parish House and Library ($103k), Oakland African American Chamber Foundation ($103k) and Scott Valley Scholarships and Educational Wards Inc ($103k).

At year end it held assets of $1.2m against liabilities of $972k, net assets of $234k.