Lebanon Foundation Inc

Analysis

Lebanon Foundation Inc is a registered charity in United States, based in Lebanon, PA. It received its IRS tax-exemption ruling in April 2000, 26 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, Lebanon Foundation Inc reported income of $104k and spending of $119k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $39k to $104k (+167%), an average of +167% a year. The sharpest change came in the year to December 2023, when income rose by 167%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lebanon Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include Community Resources Capital Foundation ($104k), Moritz Fam Foundation ($104k) and Pennsylvania Partnership for Culture Health and Education Inc ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 64% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k.