L4 Cares

Analysis

L4 Cares is a registered charity in United States, based in Liberty Hill, TX. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, L4 Cares reported income of $56k and spending of $46k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $56k to $56k (-0.2%), an average of -0.2% a year. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, L4 Cares 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 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include American Friends of Olim Bemaalot Inc ($56k), Sadie Grice Funny Scholarship Foundation ($56k) and Road Runners Club of America ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $289k against liabilities of $0, net assets of $289k.