Clarence S Livingood Lectureship and Education Fund

Analysis

Clarence S Livingood Lectureship and Education Fund is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in August 1986, 40 years ago. 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, Clarence S Livingood Lectureship and Education Fund reported income of $130k and spending of $112k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $100k to $130k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clarence S Livingood Lectureship and Education Fund 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 44th percentile, and in the 43rd percentile within MI. Charities of a similar size with the same main cause include Native Plant Society of New Mexico ($130k), Greater Grand Forks Senior Citizens Foundation ($130k) and Historic Glenwood Foundation Inc ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.