Lees Foster Home Inc

Analysis

Lees Foster Home Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lees Foster Home Inc reported income of $439k and spending of $437k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $252k to $439k (+74%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lees Foster Home Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Caring and Sharing Food Pantry Inc ($439k), House of Bread and Peace Inc ($439k) and Family Promise of the Midlands Inc ($439k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $225k (52% of expenses). At year end it held assets of $1,469 against liabilities of $0, net assets of $1,469. It reported 9 employees.