Lyn Community Corp

Analysis

Lyn Community Corp is a registered charity in United States, based in North Miami, FL. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Lyn Community Corp reported income of $501k and spending of $508k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $334k to $501k (+50%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Lyn Community Corp sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Sudan Sunrise Inc ($501k), Glory Outreach Assembly - US Inc ($502k) and Art Over Hate Collective Inc ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (12% of expenses). At year end it held assets of $313k against liabilities of $289k, net assets of $25k.