Local First Foundation

Analysis

Local First Foundation is a registered charity in United States, based in Durango, CO. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Local First Foundation reported income of $231k and spending of $133k, leaving 43% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $255k to $231k (-9.4%), an average of -4.8% a year. The sharpest change came in the year to December 2023, when income rose by 268%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Local First Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within CO. Charities of a similar size with the same main cause include Medical Clown Project ($231k), Adults with Autism Living with Independence Value and Esteem ($231k) and Rocky Mountain Rural Health Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Other salaries and wages came to $38k. At year end it held assets of $121k against liabilities of $26k, net assets of $95k. It reported 2 employees.