Intercessors of the Lamb Inc

Analysis

Intercessors of the Lamb Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in July 1980, 46 years ago. 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, Intercessors of the Lamb Inc reported income of $395k and spending of $564k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $441k to $395k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 146% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Intercessors of the Lamb Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NE. Charities of a similar size with the same main cause include Leadership Long Beach Inc ($395k), PTA Colorado Congress ($395k) and North Harford Recreation Council Inc ($395k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $41k (7.3% of expenses). Other salaries and wages came to $31k. At year end it held assets of $9.7m against liabilities of $350k, net assets of $9.4m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.