L M N Publishing International Inc

Analysis

L M N Publishing International Inc is a registered charity in United States, based in St Maries, ID. It received its IRS tax-exemption ruling in July 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, L M N Publishing International Inc reported income of $2.4m and spending of $2.2m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.4m (+50%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, L M N Publishing International Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within ID. Charities of a similar size with the same main cause include Congregation of the Sisters of St Joseph Ministries Inc ($2.4m), Southern Korean Presbyterian Church ($2.4m) and Canaan Baptist Housing Development Fund Corp ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $89k (4.1% of expenses). Other salaries and wages came to $92k. At year end it held assets of $4.3m against liabilities of $4,831, net assets of $4.2m. It reported 4 employees.