LC Danese G Borland Charittrust

Analysis

LC Danese G Borland Charittrust is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in March 2000, 26 years ago. 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, LC Danese G Borland Charittrust reported income of $662k and spending of $94k, leaving 86% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $139k to $662k (+378%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 1272%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LC Danese G Borland Charittrust sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Cincinnati Sports Med Res & Edu FND ($662k), First Presbyterian Child Care Inc ($662k) and Napa Valley P S I Inc ($662k).

Compensation of current officers, directors and key employees was $17k (18% of expenses). At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.