Love Like Lexi Project

Analysis

Love Like Lexi Project is a registered charity in United States, based in Smiths Sta, AL. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Love Like Lexi Project reported income of $179k and spending of $141k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $179k (+165%), an average of +165% a year. The sharpest change came in the year to December 2023, when income rose by 165%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Love Like Lexi Project sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within AL. Charities of a similar size with the same main cause include Connectmed International ($178k), Holtville-Slapout Volunteer Fire Dept ($179k) and International College of Cranio-Mandibular ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. Compensation of current officers, directors and key employees was $65k (46% of expenses). Other salaries and wages came to $4,769. At year end it held assets of $90k against liabilities of $0, net assets of $90k.