Stefan Adelipour for Lifefoundation

Analysis

Stefan Adelipour for Lifefoundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2008, 18 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, Stefan Adelipour for Lifefoundation reported income of $90k and spending of $128k, spending 143% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $120k to $90k (-26%), an average of -9.4% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 172% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Stefan Adelipour for Lifefoundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Ctdi Cares ($90k), Eugene Schmuck Foundation ($90k) and Reachability Foundation ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $206k against liabilities of $0, net assets of $206k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.