Lazarus Project of Knoxville Lazarus Project of Knoxville

Analysis

Lazarus Project of Knoxville Lazarus Project of Knoxville is a registered charity in United States, based in Corryton, TN. It received its IRS tax-exemption ruling in August 2022, 4 years ago. 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, Lazarus Project of Knoxville Lazarus Project of Knoxville reported income of $1.3m and spending of $1.0m, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $189k to $1.3m (+589%), an average of +590% a year. The sharpest change came in the year to December 2023, when income rose by 589%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lazarus Project of Knoxville Lazarus Project of Knoxville sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within TN. Charities of a similar size with the same main cause include Illinois Valley Industries Inc ($1.3m), ACLU of Utah Foundation Inc ($1.3m) and H O M E Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $93k (8.9% of expenses). Other salaries and wages came to $50k. At year end it held assets of $288k against liabilities of $39k, net assets of $249k. It reported 4 employees.