North American Limousin Educational Corporation

Analysis

North American Limousin Educational Corporation is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in February 1982, 44 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, North American Limousin Educational Corporation reported income of $120k and spending of $148k, spending 123% of what it took in. Across the 4 years on record, from August 2021 to August 2024, income fell from $187k to $120k (-36%), an average of -14% a year. The sharpest change came in the year to August 2022, when income dropped by 19%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North American Limousin Educational Corporation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 38th percentile within CO. Charities of a similar size with the same main cause include Backing the Blue Line Inc ($120k), Pay It Forward Charleston ($120k) and Supporting Hands Inc ($120k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 8.8% and program service revenue 86% of the total. At year end it held assets of $436k against liabilities of $81k, net assets of $355k.