LCPS Management Inc

Analysis

LCPS Management Inc is a registered charity in United States, based in Ponte Vedra Beach, FL. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, LCPS Management Inc reported income of $3.4m and spending of $2.4m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $3.4m (+165%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 120%. Over the whole period it spent 83% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, LCPS Management Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Harding Place Inc ($3.4m), St John the Evangelist Homeless Shelter Inc ($3.4m) and Glennwood Housing Foundation ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.3m (52% of expenses). Other salaries and wages came to $789k. At year end it held assets of $4.0m against liabilities of $1.1m, net assets of $2.8m. It reported 10 employees.