Lyme Foundation

Analysis

Lyme Foundation is a registered charity in United States, based in Lyme, NH. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Lyme Foundation reported income of $114k and spending of $108k, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $222k to $114k (-48%), an average of -12% a year. The sharpest change came in the year to June 2020, when income dropped by 31%. Over the whole period it spent 144% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lyme Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within NH. Charities of a similar size with the same main cause include Michael and Anita Siegal Family Foundation ($114k), Lockport Womans Club ($115k) and Canfield Rotary Association ($114k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.