Children of Lebanon Inc

Analysis

Children of Lebanon Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in January 1997, 29 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 December 2023, Children of Lebanon Inc reported income of $110k and spending of $134k, spending 123% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $76k to $110k (+44%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Children of Lebanon Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include Catholic Business Network of Washington DC Scholarship Grant Fo ($110k), Siuslaw Public Library Foundation ($110k) and Omars Dream Foundation ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $6,960 against liabilities of $444, net assets of $6,516.