GP Lens Institute

Analysis

GP Lens Institute is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, GP Lens Institute reported income of $455k and spending of $355k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $359k to $455k (+27%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, GP Lens Institute sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NE. Charities of a similar size with the same main cause include Xlr8x ($455k), Northeast Indiana Foundation Inc ($455k) and Lowell Plan Inc ($455k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.4% of the total. Other salaries and wages came to $96k. At year end it held assets of $367k against liabilities of $11k, net assets of $356k. It reported 2 employees.