LLL Resources Inc

Analysis

LLL Resources Inc is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in August 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, LLL Resources Inc reported income of $879k and spending of $726k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $838k to $879k (+4.9%), an average of +1.2% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, LLL Resources Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Faith in New York Inc ($879k), Faith Wins ($879k) and Keren Melamdim Dsatmar Inc ($879k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $45k. At year end it held assets of $781k against liabilities of $0, net assets of $781k.