Idlewild Foundation

Analysis

Idlewild Foundation is a registered charity in United States, based in Lutz, FL. It received its IRS tax-exemption ruling in September 2009, 17 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, Idlewild Foundation reported income of $227k and spending of $156k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $425k to $227k (-47%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Idlewild Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Pauliestrong Foundation Inc ($227k), Nashville Fire Fighters Association Foundation ($227k) and Santa for a Day ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Other salaries and wages came to $7,475. At year end it held assets of $1.9m against liabilities of $630, net assets of $1.9m. It reported 2 employees.