Labri Fellowship Foundation

Analysis

Labri Fellowship Foundation is a registered charity in United States, based in Southborough, MA. It received its IRS tax-exemption ruling in January 1958, 68 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Labri Fellowship Foundation reported income of $1.1m and spending of $897k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $853k to $1.1m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Labri Fellowship Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Christian Family Life Incorporated ($1.1m), Colorado Springs Utilities Foundation ($1.1m) and Go SEND Me Global ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $75k (8.4% of expenses). Other salaries and wages came to $236k. At year end it held assets of $2.0m against liabilities of $199k, net assets of $1.8m. It reported 21 employees.