Lane Thomas Foundation

Analysis

Lane Thomas Foundation is a registered charity in United States, based in Elkhorn, NE. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Lane Thomas Foundation reported income of $377k and spending of $204k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $737k to $377k (-49%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 227%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lane Thomas Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NE. Charities of a similar size with the same main cause include Chase Rauchle PTSD Now ($377k), Sayre House of Hope ($377k) and West Virginia Rural Health Association ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Other salaries and wages came to $6,411. At year end it held assets of $6.0m against liabilities of $5,126, net assets of $6.0m. It reported 1 employees.