Laundry & More Inc

Analysis

Laundry & More Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover health care, 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).

In the financial year ending June 2024, Laundry & More Inc reported income of $124k and spending of $58k, leaving 54% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $85k to $124k (+46%), an average of +46% a year. The sharpest change came in the year to June 2024, when income rose by 46%. Over the whole period it spent 59% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Laundry & More Inc 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 43rd percentile, and in the 40th percentile within IN. Charities of a similar size with the same main cause include San Elizario Genealogy & Historical Society ($124k), Run2revive ($124k) and A New Life Mens Center Inc ($124k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $114k against liabilities of $843, net assets of $113k.