Lets Be Ready

Analysis

Lets Be Ready is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lets Be Ready reported income of $233k and spending of $191k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $146k to $233k (+59%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lets Be Ready sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within CO. Charities of a similar size with the same main cause include San Juan Hills High Schoolperforming Arts Boosters Inc ($233k), Little Montessori School ($233k) and Ave Maria Academy Inc ($233k).

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 $59k against liabilities of $0, net assets of $59k.