Fiorello H Laguardia Foundation Inc

Analysis

Fiorello H Laguardia Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2003, 23 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 August 2023, Fiorello H Laguardia Foundation Inc reported income of $105k and spending of $98k, spending 93% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $124k to $105k (-15%), an average of -4.1% a year. The sharpest change came in the year to August 2022, when income rose by 38%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fiorello H Laguardia Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Port Jefferson Yacht Club Foundation Inc ($105k), Seven Stars Foundation Inc ($105k) and Landings Credit Union Foundation ($105k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $35k against liabilities of $6,648, net assets of $28k.