M4k Lynchburg Inc

Analysis

M4k Lynchburg Inc is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, M4k Lynchburg Inc reported income of $538k and spending of $563k, spending 104% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $289k to $538k (+86%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, M4k Lynchburg Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Share the Harvest Food Pantry and Resale Nook ($537k), Midian Leadership Project ($538k) and Rotary Club of Rock Valley Foundation Inc ($537k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.