Lbu Holdings Inc

Analysis

Lbu Holdings Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Lbu Holdings Inc reported income of $6.8m and spending of $1.6m, leaving 76% of income unspent that year. Over the whole period it spent 31% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lbu Holdings Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Wayne State Univ Research & Techno- Logy Park in the City of Detroit ($6.8m), TVW Inc ($6.8m) and Metro Southwest Workforce Board Inc ($6.8m).

At year end it held assets of $32k against liabilities of $0, net assets of $32k.