Elevate Lebanon

Analysis

Elevate Lebanon is a registered charity in United States, based in Lebanon, MO. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Elevate Lebanon reported income of $287k and spending of $270k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $148k to $287k (+95%), an average of +95% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Elevate Lebanon sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within MO. Charities of a similar size with the same main cause include Beer City Dog Biscuits ($287k), 4nyc Housing Inc ($287k) and Copley House Inc ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Other salaries and wages came to $115k. At year end it held assets of $79k against liabilities of $1,252, net assets of $78k. It reported 6 employees.