Lazarus Gate

Analysis

Lazarus Gate is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Gate reported income of $132k and spending of $217k, spending 164% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $16k to $132k (+735%), an average of +70% a year. The sharpest change came in the year to December 2021, when income rose by 190%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lazarus Gate sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within CO. Charities of a similar size with the same main cause include Friends of Pimpollo ($132k), Breaking Bread for Jesus Inc ($132k) and Northwest Hospitality ($132k).

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 $49k. At year end it held assets of $18k against liabilities of $0, net assets of $18k. It reported 2 employees.