LL Flooring Employee Assistance Fund

Analysis

LL Flooring Employee Assistance Fund is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in March 2022, 4 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 2023, LL Flooring Employee Assistance Fund reported income of $100k and spending of $60k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $100k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LL Flooring Employee Assistance Fund sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Beaver County YMCA Endowment Foundation ($100k), Fish Mending Nets Inc ($100k) and Central Urban Development Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.