Logos Lodge Inc

Analysis

Logos Lodge Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Logos Lodge Inc reported income of $623k and spending of $450k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $191k to $623k (+227%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Logos Lodge Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Unite 2 Fight Paralysis ($623k), Gain Inc ($624k) and Brain Injury Association of Washington ($623k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $30k (6.8% of expenses). Other salaries and wages came to $58k. At year end it held assets of $412k against liabilities of $135k, net assets of $277k. It reported 4 employees.