Lubick Foundation

Analysis

Lubick Foundation is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in July 2010, 16 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, Lubick Foundation reported income of $410k and spending of $247k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $239k to $410k (+72%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lubick Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within CO. Charities of a similar size with the same main cause include Goodwill Industries of Madison Special Living Arrangements Inc ($410k), Moab Community Childcare ($410k) and Educational Farm at Joppa Hill ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. Compensation of current officers, directors and key employees was $52k (21% of expenses). At year end it held assets of $607k against liabilities of $0, net assets of $607k. It reported 1 employees.