Lyriks Institution

Analysis

Lyriks Institution is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Lyriks Institution reported income of $135k and spending of $163k, spending 121% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $103k to $135k (+32%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 181%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lyriks Institution sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within MO. Charities of a similar size with the same main cause include Connectmyvariant ($135k), Casa de Paz Housing Inc ($135k) and Claras House Inc ($135k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.8% of the total. At year end it held assets of $50k against liabilities of $47k, net assets of $3,147.