The Lodo District Inc

Analysis

The Lodo District Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, The Lodo District Inc reported income of $107k and spending of $98k, spending 92% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $71k to $107k (+51%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Lodo District Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within CO. Charities of a similar size with the same main cause include Huntington County Historical Society ($107k), National Academy of Video Game Trade Reviewers Corp ($107k) and The National Capital Radio and Television Museum ($107k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 80% and program service revenue 20% of the total. At year end it held assets of $77k against liabilities of $2,073, net assets of $75k.