Lucias Angels Inc

Analysis

Lucias Angels Inc is a registered charity in United States, based in Southampton, NY. It received its IRS tax-exemption ruling in May 2009, 17 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, Lucias Angels Inc reported income of $176k and spending of $98k, leaving 44% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $202k to $176k (-13%), an average of -6.8% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lucias Angels Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($176k), Cimarron Valley Golf Association ($176k) and Cause Collective ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $25k (26% of expenses). At year end it held assets of $500k against liabilities of $8,923, net assets of $491k. It reported 1 employees.