Evelyn Lilly Lutz Foundation

Analysis

Evelyn Lilly Lutz Foundation is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in March 1949, 77 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 supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Evelyn Lilly Lutz Foundation reported income of $465k and spending of $401k, spending 86% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $454k to $465k (+2.5%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Evelyn Lilly Lutz Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Ucp Seguin of Greater Chicago Foundation ($465k), Lake Area United Way Inc ($465k) and Oregon Chinese Coalition ($465k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% of the total. Other salaries and wages came to $20k. At year end it held assets of $12.9m against liabilities of $0, net assets of $12.9m. It reported 1 employees.