Our Lady of Lourdes Hospitality North American Volunteers
Analysis
Our Lady of Lourdes Hospitality North American Volunteers is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Our Lady of Lourdes Hospitality North American Volunteers reported income of $1.6m and spending of $1.4m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2023, when income rose by 128%. Over the whole period it spent 95% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Our Lady of Lourdes Hospitality North American Volunteers sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Gurudwara Singh Sabha ($1.6m), Reaching Indians Ministries International Inc ($1.6m) and Care Center Ministries Inc ($1.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $103k (7.4% of expenses). Other salaries and wages came to $223k. At year end it held assets of $1.1m against liabilities of $258k, net assets of $829k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 52%
- Program services 45%
- Other 2.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gurudwara Singh Sabha | Renton | $1.6m |
| Reaching Indians Ministries International Inc | Lindenhurst | $1.6m |
| Care Center Ministries Inc | Dallas | $1.6m |
| The Word Forum Inc | Katonah | $1.6m |