Listen Foundation Inc

Analysis

Listen Foundation Inc is a registered charity in United States, based in Greenwood VLG, CO. It received its IRS tax-exemption ruling in March 1970, 56 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Listen Foundation Inc reported income of $521k and spending of $533k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $552k to $521k (-5.6%), an average of -1.4% a year. The sharpest change came in the year to December 2021, when income rose by 136%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Listen Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Parents for Public Schools of San Francisco Inc ($520k), Midwest Foundaton for Higher Education ($521k) and Minnesota Justice Foundation Inc ($520k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $78k (15% of expenses). Other salaries and wages came to $20k. At year end it held assets of $1.6m against liabilities of $29k, net assets of $1.6m. It reported 4 employees.