Alexander D Larson Gift Fund 00670000

Analysis

Alexander D Larson Gift Fund 00670000 is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in July 1996, 30 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, Alexander D Larson Gift Fund 00670000 reported income of $1.8m and spending of $1.9m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.8m (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2020, when income rose by 34%. 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, Alexander D Larson Gift Fund 00670000 sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within IA. Charities of a similar size with the same main cause include American Friends of the Parents Circle Families Forum ($1.8m), Pickaway County Community Foundation ($1.8m) and Foxfield Racing LLC ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $7.7m against liabilities of $0, net assets of $7.7m.