Lydian Accelerator

Analysis

Lydian Accelerator is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2019, 7 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, Lydian Accelerator reported income of $257k and spending of $201k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $257k (-88%), an average of -41% a year. The sharpest change came in the year to December 2021, when income rose by 1106%. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lydian Accelerator sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Nami Summit County ($257k), Society of American Military Engineers ($257k) and Lakota Athletic Boosters ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% of the total. At year end it held assets of $4.8m against liabilities of $0, net assets of $4.8m.