Let It Be US

Analysis

Let It Be US is a registered charity in United States, based in Barrington, IL. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Let It Be US reported income of $583k and spending of $1.1m, spending 189% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $346k to $583k (+68%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 146%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Let It Be US sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Rural Arts Collaborative Inc ($583k), Neighborhood Center of the United Methodist Church ($583k) and Lake Support and Emergency Recovery Inc ($583k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $94k (8.5% of expenses). Other salaries and wages came to $397k. At year end it held assets of $604k against liabilities of $17k, net assets of $587k. It reported 9 employees.