L2 for Kids Inc a Nebraska Nonprofit Corporation

Analysis

L2 for Kids Inc a Nebraska Nonprofit Corporation is a registered charity in United States, based in Willow Island, NE. It received its IRS tax-exemption ruling in February 2006, 20 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, L2 for Kids Inc a Nebraska Nonprofit Corporation reported income of $80k and spending of $96k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $103k to $80k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, L2 for Kids Inc a Nebraska Nonprofit Corporation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within NE. Charities of a similar size with the same main cause include Naseeha USA Inc ($80k), St Jospeh Parish Conference Society of St Vincent de Paul ($80k) and Iowa Matrix ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.