Long Tab Lines Inc

Analysis

Long Tab Lines Inc is a registered charity in United States, based in Palm BCH GDNS, FL. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Long Tab Lines Inc reported income of $80k and spending of $73k, spending 91% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $118k to $80k (-32%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Long Tab Lines Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Boy Scouts of America ($80k), Branchburg Travel Soccer Club BTSC ($80k) and Lee Wilson Ministries Inc ($80k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 9.0% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $3,841 (5.3% of expenses). At year end it held assets of $281k against liabilities of $184k, net assets of $97k.