Lcby Inc

Analysis

Lcby Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in November 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, Lcby Inc reported income of $471k and spending of $460k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $516k to $471k (-8.7%), an average of -2.2% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lcby Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Salt Ventures NFP ($471k), People Helping People Network Inc ($471k) and Beth-Hark Christian Counseling Cent Er Inc ($471k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.