Lodigiano Film Development Inc

Analysis

Lodigiano Film Development Inc is a registered charity in United States, based in KNG of Prussa, PA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Lodigiano Film Development Inc reported income of $7.4m and spending of $4.2m, leaving 43% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $257k to $7.4m (+2771%), an average of +206% a year. The sharpest change came in the year to December 2021, when income rose by 6130%. Over the whole period it spent 129% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lodigiano Film Development Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Zionist Organization of America ($7.4m), Zoe International ($7.4m) and Macedonian Ministry Foundation Inc ($7.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $49.2m against liabilities of $28.9m, net assets of $20.3m.