The Libbey House Foundation

Analysis

The Libbey House Foundation is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, The Libbey House Foundation reported income of $118k and spending of $98k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $54k to $118k (+119%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Libbey House Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Sudanese American Community Development Organization Inc ($118k), Science and Technology Education Partnership ($118k) and Childrens Music Workshop ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $561k against liabilities of $114k, net assets of $447k.