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Virginia · Nonprofit

Lepanto Institute

Lepanto Institute (Virginia) receives grants from 6 organizations whose IRS filings report $203,673 to it, the largest being VANGUARD CHARITABLE ENDOWMENT PROGRAM ($65,000). 4 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$429k
Funders on record
6
Grants received
$204k
Net assets
$826k
4/6 repeat funderspeak grant-dependency 16%
01What it does

What Lepanto Institute does

Mission

Monitor and report on activities of Catholic organization in regards to adherence to Catholic moral and theological teaching

As stated on its FY2024 Form 990.

Programs

  1. Investigated and reported on twenty different charitable organizations adding them to our publicly available charity reports list

    $68,000 spent
    44% of program spending
  2. Monitoring, investigating and reporting on developments related to the Catholic Campaign for Human Development

    $59,000 spent
    38% of program spending
  3. Publicity campaign regarding our published report on Catholic Relief Services

    $27,000 spent
    18% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $154,000.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($99k) Expenses 100 ($100k) Net assets 100 ($32k)2020 Revenue 281 ($279k) Expenses 166 ($167k) Net assets 914 ($297k)2021 Revenue 427 ($424k) Expenses 209 ($210k) Net assets 1574 ($511k)2022 Revenue 329 ($327k) Expenses 231 ($232k) Net assets 1868 ($606k)2023 Revenue 453 ($450k) Expenses 352 ($353k) Net assets 2167 ($703k)2024 Revenue 431 ($429k) Expenses 302 ($302k) Net assets 2544 ($826k)
201720202021202220232024
Revenue (431)Expenses (302)Net assets (2544)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $297k to $511k (+72%).

$32k
$297k
$511k
$606k
$703k
$826k
201720202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

100% of Lepanto Institute’s revenue is contributions — more reliant on donations than three-quarters of its peers (100% for the typical peer).

This organization
Typical peer · 15,288 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.

−$910
’17
$113k
’20
$214k
’21
$95k
’22
$97k
’23
$126k
’24
33
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20202021202220232024
Listed44333
Joined·+1+0+0+0
No longer listed·1100
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $9k → $31k.

5 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 99% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Lepanto Institute’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Lepanto Institute leans on a few funders — its largest provides 32% of grant income and the top three 82%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Lepanto Institute.

32%
largest funder
82%
top three
~4
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 77% · 2023 58% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

99% of Lepanto Institute's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $2k that is directly attributable, 100% of it comes from Virginia funders.

VA

Funder states come from each funder’s own filing. $202k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Lepanto Institute runs a healthier operating margin than three-quarters of the 12,816 religion nonprofits its size.

Operating margin29% · top quartile
Months of reserve32.8mo · top quartile
Revenue growth (annualized)23% · top quartile

this organization peer median middle 50% of peers· 12,816 religion nonprofits $100k–$1M, FY2024

Organizations like Lepanto Institute

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

75% of spending goes to programs.

Program 75%Management 18%Fundraising 7%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

VA

Screen this organization

A dated, signed PDF of the compliance screen for Lepanto Institute: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Lepanto Institute?
Lepanto Institute (Virginia) receives grants from 6 organizations whose IRS filings report $203,673 to it, the largest being VANGUARD CHARITABLE ENDOWMENT PROGRAM ($65,000). 4 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Lepanto Institute have?
IRS filings report 6 organizations giving $203,673 in grants to Lepanto Institute, 4 of which have funded it in more than one year.
Who is the largest funder of Lepanto Institute?
VANGUARD CHARITABLE ENDOWMENT PROGRAM is the largest funder on record, with $65,000 in grants. The full list of funders is on this page.
How can an organization like Lepanto Institute find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Lepanto Institute →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing