Livonia Community Foundation

Analysis

Livonia Community Foundation is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in September 1994, 32 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 (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, Livonia Community Foundation reported income of $176k and spending of $140k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $114k to $176k (+55%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 656%. Over the whole period it spent 32% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Livonia Community Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include Poised for Success ($176k), Champions for Cures ($176k) and Tom Vanderpol Memorial Fund Inc ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. Compensation of current officers, directors and key employees was $20k (14% of expenses). At year end it held assets of $2.6m against liabilities of $80k, net assets of $2.6m. It reported 1 employees.