Joshua Olts Lets Talk Foundation

Analysis

Joshua Olts Lets Talk Foundation is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Joshua Olts Lets Talk Foundation reported income of $455k and spending of $387k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $362k to $455k (+26%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Joshua Olts Lets Talk Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include The Wiley Center for Speech and Language Development ($455k), LA Crosses Lighthouse Inc ($455k) and Addict II Athlete ($455k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $237k (61% of expenses). At year end it held assets of $147k against liabilities of $45k, net assets of $102k. It reported 6 employees.