LM Vintners Inc

Analysis

LM Vintners Inc is a registered charity in United States, based in Benton Harbor, MI. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, LM Vintners Inc reported income of $170k and spending of $87k, leaving 49% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $238k to $170k (-29%), an average of -8.1% a year. The sharpest change came in the year to June 2021, when income dropped by 100%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LM Vintners Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within MI. Charities of a similar size with the same main cause include Folds of Honor - Baton Rouge ($169k), Vidor High Pirate Booster Club ($170k) and MTN Home Bomber Boosters Foundation Inc ($169k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $416k against liabilities of $45k, net assets of $371k.