Lia Foundation

Analysis

Lia Foundation is a registered charity in United States, based in Melville, NY. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lia Foundation reported income of $88k and spending of $83k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $88k (+222%), an average of +222% a year. The sharpest change came in the year to December 2023, when income rose by 222%. Over the whole period it spent 132% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lia Foundation sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Impact100oc ($88k), Junior League of Lansing Inc ($89k) and El Paso 8 a Government Contractors Association ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $377k against liabilities of $346k, net assets of $31k.