LCMC Endowment Fund Inc

Analysis

LCMC Endowment Fund Inc is a registered charity in United States, based in Lake City, CO. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, LCMC Endowment Fund Inc reported income of $77k and spending of $47k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $62k to $77k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 42% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, LCMC Endowment Fund Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within CO. Charities of a similar size with the same main cause include Hope for Tomorrow Community Resources Inc ($77k), Bessie Mathew Foundation Inc ($77k) and A Love for Life Inc ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $813k against liabilities of $0, net assets of $813k.