Lucilles Loving Care Inc

Analysis

Lucilles Loving Care Inc is a registered charity in United States, based in Miami Gardens, FL. It received its IRS tax-exemption ruling in February 1992, 34 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, Lucilles Loving Care Inc reported income of $388k and spending of $387k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $388k (+61%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lucilles Loving Care Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include KB Foundation ($388k), Milton Volunteer Fire Dept ($388k) and Pennsylvania School Study Council Inc ($388k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $202k (52% of expenses). At year end it held assets of $39k against liabilities of $57k, net assets of -$18k. It reported 5 employees.