Lingenfelter Foundation

Analysis

Lingenfelter Foundation is a registered charity in United States, based in Brighton, MI. It received its IRS tax-exemption ruling in June 2020, 6 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, Lingenfelter Foundation reported income of $75k and spending of $91k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $44k to $75k (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 107%. Over the whole period it spent 138% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lingenfelter Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within MI. Charities of a similar size with the same main cause include West Bergen Mental Healthcare Foundation Inc ($75k), Ocala Outreach Foundation Inc ($75k) and Global Shout ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $488k against liabilities of $0, net assets of $488k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.