Litquake Foundation

Analysis

Litquake Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Litquake Foundation reported income of $639k and spending of $589k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $510k to $639k (+25%), an average of +5.8% a year. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Litquake Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Erie Canal Museum ($639k), Acoustic Sound Inc ($639k) and Juneau Dance Theatre Inc ($639k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.2% of the total. At year end it held assets of $329k against liabilities of $12k, net assets of $316k. It reported 5 employees.