Lockwood Foundation

Analysis

Lockwood Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lockwood Foundation reported income of $111k and spending of $86k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $111k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lockwood Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 36th percentile within CO. Charities of a similar size with the same main cause include Ukrainian Womens Association of America ($111k), Ccmha Foundation Inc ($111k) and Polk County Bar Association Volunteer Lawyers Project ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $107k against liabilities of $0, net assets of $107k.