Lpe Collective Inc

Analysis

Lpe Collective Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lpe Collective Inc reported income of $160k and spending of $106k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $121k to $160k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lpe Collective Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Midwest Cubing Association ($160k), Mto Tamarkoz Association ($160k) and Ranger Athletic Boosters ($160k).

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 $76k against liabilities of $0, net assets of $76k.