LC Centralettes Parents Association
Analysis
LC Centralettes Parents Association is a registered charity in United States, based in Schererville, IN. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, LC Centralettes Parents Association reported income of $217k and spending of $206k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $143k to $217k (+53%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 85% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, LC Centralettes Parents Association sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within IN. Charities of a similar size with the same main cause include Parent Booster USA Inc ($217k), Friends of the Pool Inc Rob Dixon President ($217k) and Cabot Panther Foundation Inc ($217k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 65% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.
Income and spending
Where the income comes from
- Program services 65%
- Other 35%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Parent Booster USA Inc | Arlington | $217k |
| Friends of the Pool Inc Rob Dixon President | Islamorada | $217k |
| Cabot Panther Foundation Inc | Cabot | $217k |
| Wildwood Wildcats Booster Club | Wildwood | $217k |