Lila H Borgstrom Foundation

Analysis

Lila H Borgstrom Foundation is a registered charity in United States, based in Kenilworth, IL. It received its IRS tax-exemption ruling in April 2015, 11 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, Lila H Borgstrom Foundation reported income of $178k and spending of $88k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $178k (+113%), an average of +113% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lila H Borgstrom Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Society of St Vincent de Paul Archdiocesan Council of Portland ($178k), Belvedere Community Foundation ($178k) and Presbyterian Village Foundation Inc ($178k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $255k against liabilities of $0, net assets of $255k.