Loudoun Dulles Fop Charitable Foundation

Analysis

Loudoun Dulles Fop Charitable Foundation is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in March 2001, 25 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 organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Loudoun Dulles Fop Charitable Foundation reported income of $396k and spending of $366k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $287k to $396k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Loudoun Dulles Fop Charitable Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within VA. Charities of a similar size with the same main cause include Branford Community Foundation ($395k), Russian Jewish Community Foundation ($396k) and Our Lady of Divine Providence House of Prayer Foundation Inc ($395k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. It paid $190k in professional fundraising fees. At year end it held assets of $173k against liabilities of $500, net assets of $172k.