Denise Amber Lee Foundation Inc

Analysis

Denise Amber Lee Foundation Inc is a registered charity in United States, based in Englewood, FL. It received its IRS tax-exemption ruling in January 2011, 15 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, Denise Amber Lee Foundation Inc reported income of $920k and spending of $916k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $461k to $920k (+100%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Denise Amber Lee Foundation Inc 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 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Flickr Charitable Foundation ($919k), Philanthropy Colorado ($921k) and Casa Foundation ($919k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $176k (19% of expenses). Other salaries and wages came to $111k. At year end it held assets of $297k against liabilities of $260k, net assets of $37k. It reported 4 employees.