Foundation for the Liveliness of Children

Analysis

Foundation for the Liveliness of Children is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Foundation for the Liveliness of Children reported income of $274k and spending of $230k, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $208k to $274k (+32%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for the Liveliness of Children sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within KY. Charities of a similar size with the same main cause include Schuylkill Community Educational Council ($274k), F E E D Scholarship Fund and Childrens Foundation Inc ($274k) and Kastner Intermediate Parent Teacher Club ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $55k (24% of expenses). At year end it held assets of $46k against liabilities of $0, net assets of $46k. It reported 19 employees.