Limestone Project Employees Fund Inc

Analysis

Limestone Project Employees Fund Inc is a registered charity in United States, based in Jewett, TX. It received its IRS tax-exemption ruling in June 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Limestone Project Employees Fund Inc reported income of $60k and spending of $73k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $60k (-12%), an average of -12% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Limestone Project Employees Fund Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within TX. Charities of a similar size with the same main cause include Channel City Club ($60k), Greenville Area Economic Development Corporation ($60k) and Buck Hill Community Services Committee ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $3,983 against liabilities of $0, net assets of $3,983.