Lanfest

Analysis

Lanfest is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in December 2011, 15 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, Lanfest reported income of $739k and spending of $601k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $201k to $739k (+267%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 315%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lanfest sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within WA. Charities of a similar size with the same main cause include Hope USA ($738k), Sistahs Reachin Out Sro ($740k) and Pennsylvania Association of Non- Profit Organizations ($738k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $89k (15% of expenses). At year end it held assets of $202k against liabilities of $40k, net assets of $163k. It reported 2 employees.