Lelt Foundation Inc

Analysis

Lelt Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Lelt Foundation Inc reported income of $391k and spending of $289k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $406k to $391k (-3.7%), an average of -0.9% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 83% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Lelt Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Sewhope Inc ($391k), Noahs Children ($391k) and Haven of Hope Global Ministries Inc ($390k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $699k against liabilities of $463, net assets of $699k.