Frank Lentz Foundation Ltd

Analysis

Frank Lentz Foundation Ltd is a registered charity in United States, based in Skokie, IL. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Frank Lentz Foundation Ltd reported income of $137k and spending of $150k, spending 110% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $299k to $137k (-54%), an average of -32% a year. The sharpest change came in the year to June 2022, when income dropped by 67%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Frank Lentz Foundation Ltd sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Boys & Girls Clubs of Northwest San Diego County Foundation ($137k), Boys & Girls Club of Greater Holland Foundation ($137k) and Oregon 4-H Foundation ($137k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $35k. At year end it held assets of $159k against liabilities of $672, net assets of $159k. It reported 2 employees.