Lollys Place Inc

Analysis

Lollys Place Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Lollys Place Inc reported income of $427k and spending of $374k, spending 87% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $140k to $427k (+206%), an average of +25% a year. The sharpest change came in the year to July 2024, when income rose by 107%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lollys Place Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within MO. Charities of a similar size with the same main cause include Holy Trinity Orthodox Christian Academy Inc ($427k), Crosswalk Project Inc ($427k) and FHS Band Boosters ($427k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 36% and program service revenue 64% of the total. Other salaries and wages came to $234k. It paid $9,385 in professional fundraising fees. At year end it held assets of $107k against liabilities of $9,317, net assets of $98k. It reported 14 employees.