Original Leisure Village Foundation

Analysis

Original Leisure Village Foundation is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in November 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Original Leisure Village Foundation reported income of $278k and spending of $275k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $445k to $278k (-38%), an average of -11% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Original Leisure Village Foundation sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Open Hands Community Charitable Services ($278k), Pasadena Cottages Inc ($278k) and Jim Troxell Foundation ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $5.0m against liabilities of $10k, net assets of $5.0m. It reported 4 employees.