Lpchalee Hermitage

Analysis

Lpchalee Hermitage is a registered charity in United States, based in Albany, OR. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Lpchalee Hermitage reported income of $84k and spending of $36k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $84k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 38% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lpchalee Hermitage sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within OR. Charities of a similar size with the same main cause include Linstitut Biblique Logos Inc ($84k), Door Way Inc ($84k) and Catholic Resource Ministries ($84k).

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 $356k against liabilities of $0, net assets of $356k.