L-Cmd Research Foundation

Analysis

L-Cmd Research Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover medical research, 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, L-Cmd Research Foundation reported income of $313k and spending of $82k, leaving 74% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.5m to $313k (-79%), an average of -54% a year. The sharpest change came in the year to December 2022, when income dropped by 76%. Over the whole period it spent 9.6% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, L-Cmd Research Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Pregnancy Care Center Inc ($313k), Bronx-Westchester Ahec ($313k) and Horizons Center for Independent Living ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.