L P G Charity Fund Inc

Analysis

L P G Charity Fund Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 1993, 33 years ago. 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 December 2022, L P G Charity Fund Inc reported income of $73k and spending of $93k, spending 128% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $31k to $73k (+135%), an average of +135% a year. The sharpest change came in the year to December 2022, when income rose by 135%. Over the whole period it spent 129% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, L P G Charity Fund Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include North West Brooklyn Coalition for Senior Housing Inc ($73k), Alumni Associatn Hudson Catholic High School Inc ($73k) and Trenton Community Center Inc ($73k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 90% of the total. At year end it held assets of $272k against liabilities of $0, net assets of $272k.