L & M Charitable Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
L & M Charitable Foundation Inc is a 501(c)(3) organization based in Dallas, Texas, registered in 2000, with $3,735,360 in FY2024 revenue. CharityIndex grades it C+.
3838 Oak Lawn Ave Ste 1516, Dallas, TX, 75219 EIN 75-2874187 Since 2000
Revenue (FY2024)
$3.7M
▲ 586.8% vs prior year
Education median: $200K
Expenses (FY2024)
$761K
Net assets
$15.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for L & M Charitable Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating236 mo reserves · +80% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For L & M Charitable Foundation Inc: 236 mo reserves · +80% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for L & M Charitable Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For L & M Charitable Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3838 Oak Lawn Ave Ste 1516, Dallas, TX, 75219
- City
- Dallas
- State
- Texas
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
Financial trends
Revenue grew from $800K (FY2013) to $3.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $16KNet assets $15.0M
Operating margin
79.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$15.0M
Total liabilities
$16K
Net assets
$15.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,735,360▲587% | $761,484▲23.8% | $14,966,648▲25.5% | $14,982,964▲25.4% | 990PF |
| 2023 | $543,879▼78.1% | $615,318▼29.2% | $11,928,322▼0.5% | $11,946,421▼0.4% | 990PF |
| 2022 | $2,487,002▲7.3% | $869,027▲61.1% | $11,984,245▲15.2% | $11,994,245▲15.2% | 990PF |
| 2021 | $2,318,464▲29.6% | $539,491▲16.8% | $10,403,363▲13.5% | $10,413,363▲13.7% | 990PF |
| 2020 | $1,788,421▲67.5% | $461,923▲0.7% | $9,162,608▲14.7% | $9,162,608▲14.7% | 990PF |
| 2019 | $1,067,531▲1105% | $458,589▼6.0% | $7,988,776▲9.8% | $7,988,776▲9.8% | 990PF |
| 2018 | $88,618▼92.4% | $487,797▲26.1% | $7,274,693▼4.1% | $7,274,693▼4.1% | 990PF |
| 2017 | $1,161,392▲1060% | $386,744▼9.6% | $7,587,559▲8.7% | $7,587,559▲8.7% | 990PF |
| 2016 | -$120,965▼135% | $427,587▲6.7% | $6,980,039▼5.8% | $6,980,039▼5.8% | 990PF |
| 2015 | $347,942▼67.4% | $400,736▲15.8% | $7,412,732▼0.7% | $7,412,732▼0.7% | 990PF |
| 2014 | $1,068,706▲33.6% | $345,925▲2.7% | $7,465,526▲10.7% | $7,465,526▲10.7% | 990PF |
| 2013 | $799,783 | $336,956▲23.4% | $6,742,745▲7.4% | $6,742,745▲7.4% | 990PF |
| 2012 | — | $273,033 | $6,279,918 | $6,279,918 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is L & M Charitable Foundation Inc a legitimate nonprofit?
- Yes. L & M Charitable Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-2874187, based in Dallas, Texas. Donations are tax-deductible.
- What is L & M Charitable Foundation Inc's EIN?
- L & M Charitable Foundation Inc's Employer Identification Number (EIN) is 75-2874187.
- How much revenue does L & M Charitable Foundation Inc report?
- L & M Charitable Foundation Inc reported $3,735,360 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does L & M Charitable Foundation Inc have?
- CharityIndex grades L & M Charitable Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for L & M Charitable Foundation Inc (EIN 75-2874187) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.