Lmsarcoma Direct Research Foundation

Analysis

Lmsarcoma Direct Research Foundation is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Lmsarcoma Direct Research Foundation reported income of $432k and spending of $230k, leaving 47% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $142k to $432k (+204%), an average of +25% a year. The sharpest change came in the year to December 2019, when income rose by 52%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lmsarcoma Direct Research Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within OK. Charities of a similar size with the same main cause include Tuscaloosa Symphony Association Inc ($432k), National Hispanic Cultural Center Foundation ($432k) and Asociacion Mayab ($432k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $916k against liabilities of $0, net assets of $916k.