Lehigh Valley Community Foundation
Analysis
Lehigh Valley Community Foundation is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in September 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 June 2023, Lehigh Valley Community Foundation reported income of $10.5m and spending of $8.9m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $10.5m (+81%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 105%. Over the whole period it spent 73% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lehigh Valley Community Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Southcoast Community Foundation Inc ($10.5m), Weiser Charitable Foundation ($10.5m) and Health Management Group Ltd ($10.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $283k (3.2% of expenses). Other salaries and wages came to $425k. It paid $34k in professional fundraising fees. At year end it held assets of $77.2m against liabilities of $722k, net assets of $76.5m. It reported 13 employees.
Income and spending
Where the income comes from
- Contributions & grants 83%
- Program services 0.1%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Southcoast Community Foundation Inc | New Bedford | $10.5m |
| Weiser Charitable Foundation | Ann Arbor | $10.5m |
| Health Management Group Ltd | Getzville | $10.5m |
| Hollingsworth Funds Inc | Greenville | $10.5m |