Living Resources Foundation Inc

Analysis

Living Resources Foundation Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in November 1993, 33 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 December 2023, Living Resources Foundation Inc reported income of $297k and spending of $233k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $388k to $297k (-24%), an average of -6.5% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Living Resources Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Silver Run Skiing Foundation ($297k), Advance Foundation ($297k) and Colony Brands Foundation Inc ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $1.1m against liabilities of $31k, net assets of $1.1m.