Drew Lewis Foundation Inc

Analysis

Drew Lewis Foundation Inc is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in April 2015, 11 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, Drew Lewis Foundation Inc reported income of $1.8m and spending of $1.7m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $856k to $1.8m (+114%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Drew Lewis Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MO. Charities of a similar size with the same main cause include Hope Network Services Corporation ($1.8m), St Raymonds Society ($1.8m) and Augusta Partnership for Children Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $66k (4.0% of expenses). Other salaries and wages came to $764k. At year end it held assets of $3.9m against liabilities of $1.6m, net assets of $2.3m. It reported 21 employees.