Lost Sparrows Inc

Analysis

Lost Sparrows Inc is a registered charity in United States, based in Winona Lake, IN. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lost Sparrows Inc reported income of $251k and spending of $292k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $312k to $251k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lost Sparrows Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IN. Charities of a similar size with the same main cause include Community Outreach and Development Community Development Corporation ($251k), Alianza Raices Vivas ($251k) and PDL Youth Foundation ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $58k (20% of expenses). At year end it held assets of $52k against liabilities of $0, net assets of $52k. It reported 2 employees.