LCHC Qalicb Inc

Analysis

LCHC Qalicb Inc is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in May 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, LCHC Qalicb Inc reported income of $112k and spending of $360k, spending 321% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income grew from $76k to $112k (+47%), an average of +14% a year. The sharpest change came in the year to May 2021, when income rose by 42%. Over the whole period it spent 383% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, LCHC Qalicb Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within WI. Charities of a similar size with the same main cause include Pregnancy Support Center of the Tri-Cities Inc ($112k), Blazing Grace ($112k) and Alana Dung Research Foundation ($112k).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $5.2m against liabilities of $7.0m, net assets of -$1.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.