Lookout Coffee

Analysis

Lookout Coffee is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Lookout Coffee reported income of $105k and spending of $102k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $77k to $105k (+37%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lookout Coffee sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Beloved Archives Inc ($105k), JFM Network Inc ($105k) and Street Love Ministries Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 128% of the total. Compensation of current officers, directors and key employees was $25k (25% of expenses). Other salaries and wages came to $43k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 8 employees.