Looking Out Foundation

Analysis

Looking Out Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2013, 13 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, Looking Out Foundation reported income of $2.3m and spending of $2.3m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $704k to $2.3m (+226%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Looking Out Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Sertoma Inc ($2.3m), Toby Keith Foundation Inc ($2.3m) and Robert E Black Memorial Trust ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $75k (3.2% of expenses). At year end it held assets of $360k against liabilities of $0, net assets of $360k. It reported 1 employees.