LMSD Foundation

Analysis

LMSD Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 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, LMSD Foundation reported income of $66k and spending of $60k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $66k (-5.6%), an average of -5.6% a year. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LMSD Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Gordon Thrift Shop ($66k), Evansville Ecumenical Care Closet Ltd ($66k) and Main Street Farmers Market Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $26k against liabilities of $50, net assets of $26k.