LC Real Estate Group Foundation

Analysis

LC Real Estate Group Foundation is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, LC Real Estate Group Foundation reported income of $173k and spending of $199k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $296k to $173k (-41%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 100% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, LC Real Estate Group Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within CO. Charities of a similar size with the same main cause include Climate Access Fund Corporation ($173k), The Nation Ford Land Trust ($174k) and Delaware River Greenway Partnership ($173k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $34k against liabilities of $10k, net assets of $24k.