LMWS Inc

Analysis

LMWS Inc is a registered charity in United States, based in Upland, CA. It received its IRS tax-exemption ruling in July 1960, 66 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, LMWS Inc reported income of $774k and spending of $334k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $402k to $774k (+93%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LMWS Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($774k), Celebration Lutheran School Inc ($774k) and Warrior Bonfire Project ($774k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $80k (24% of expenses). Other salaries and wages came to $81k. At year end it held assets of $2.0m against liabilities of $264k, net assets of $1.8m. It reported 6 employees.