LCL Community Services

Analysis

LCL Community Services is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, LCL Community Services reported income of $71k and spending of $105k, spending 149% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $74k to $71k (-3.8%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LCL Community Services sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NC. Charities of a similar size with the same main cause include Kindness Community Inc ($71k), Las Vegas Host Lions Club ($71k) and Harrison School Age Child Care and Enrichment Program ($71k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $11k. At year end it held assets of $38k against liabilities of $72k, net assets of -$34k.