L Brands Foundation

Analysis

L Brands Foundation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in September 1993, 33 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, L Brands Foundation reported income of $108k and spending of $10.1m, spending 9414% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.2m to $108k (-99%), an average of -68% a year. The sharpest change came in the year to December 2021, when income rose by 422%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, L Brands Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within OH. Charities of a similar size with the same main cause include Team Continuum Inc ($108k), Fairfield Memorial Hospital Foundation ($108k) and Holton Community Hospital Foundation ($108k).

At year end it held assets of $0 against liabilities of $0, net assets of $0.