Cosmic Lamb Inc

Analysis

Cosmic Lamb Inc is a registered charity in United States, based in Woodstock, GA. It received its IRS tax-exemption ruling in February 2022, 4 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 (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, Cosmic Lamb Inc reported income of $172k and spending of $131k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $192k to $172k (-10%), an average of -5.3% a year. The sharpest change came in the year to December 2023, when income rose by 153%. Over the whole period it spent 44% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cosmic Lamb Inc 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 50th percentile, and in the 53rd percentile within GA. Charities of a similar size with the same main cause include Welcome Home Midwifery Services Inc ($172k), Hoffmann Hospice Home Foundation ($172k) and Rocks Medical Outreach ($172k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $334k against liabilities of $4,300, net assets of $329k.