Logoi Incorporated

Analysis

Logoi Incorporated is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in July 1969, 57 years ago. 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, Logoi Incorporated reported income of $494k and spending of $463k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $489k to $494k (+1.0%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Logoi Incorporated sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Happy Tails Inc ($494k), NCR of Castleton Housing Development Fund Co Inc ($494k) and CBM Ministries ($494k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $104k (22% of expenses). Other salaries and wages came to $173k. At year end it held assets of $1.1m against liabilities of $12k, net assets of $1.1m. It reported 3 employees.