Little Loboes Bright Beginnings Inc

Analysis

Little Loboes Bright Beginnings Inc is a registered charity in United States, based in Lamoure, ND. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Little Loboes Bright Beginnings Inc reported income of $366k and spending of $361k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $279k to $366k (+31%), an average of +9.4% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little Loboes Bright Beginnings Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 60th percentile within ND. Charities of a similar size with the same main cause include New Horizons House ($366k), Lifeways of Wisconsin Inc ($366k) and Hope Community Collective ($366k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 97% of the total. Other salaries and wages came to $242k. At year end it held assets of $73k against liabilities of $0, net assets of $73k. It reported 33 employees.