LLK Foundation

Analysis

LLK Foundation is a registered charity in United States, based in Glen Ellyn, IL. It received its IRS tax-exemption ruling in December 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 September 2023, LLK Foundation reported income of $79k and spending of $28k, leaving 65% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $42k to $79k (+88%), an average of +17% a year. The sharpest change came in the year to September 2020, when income rose by 114%. Over the whole period it spent 121% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, LLK Foundation sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Lonestar Legacy ($79k), Millville Community Foundation Inc ($79k) and Breast Reconstruction Org Inc ($79k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $163k against liabilities of $0, net assets of $163k.