Laity Lodge Foundation
Analysis
Laity Lodge Foundation is a registered charity in United States, based in Kerrville, TX. It received its IRS tax-exemption ruling in July 1965, 61 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Laity Lodge Foundation reported income of $6.1m and spending of $2.5m, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.5m to $6.1m (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 605%. Over the whole period it spent 46% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Laity Lodge Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Islamic Oasis Center Co ($6.0m), The Global Self Foundation ($6.1m) and Haven Foundation ($6.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 54% of the total. Other salaries and wages came to $806k. At year end it held assets of $36.4m against liabilities of $577k, net assets of $35.8m. It reported 466 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 54%
- Other 34%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Islamic Oasis Center Co | Chicago | $6.0m |
| The Global Self Foundation | Jupiter | $6.1m |
| Haven Foundation | Canon City | $6.0m |
| Freedom in Christ Inc | Candler | $6.1m |