LSG and Associates Inc

Analysis

LSG and Associates Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in December 2017, 9 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 June 2023, LSG and Associates Inc reported income of $3.4m and spending of $3.8m, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.3m to $3.4m (+2.6%), an average of +0.9% a year. The sharpest change came in the year to June 2021, when income dropped by 21%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LSG and Associates Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NM. Charities of a similar size with the same main cause include Family Equality ($3.4m), Lee Pesky Learning Center Inc ($3.4m) and Intermountain Christian School ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Other salaries and wages came to $3.1m. At year end it held assets of $578k against liabilities of $128k, net assets of $449k. It reported 82 employees.