Saint Laurence Foundation Inc

Analysis

Saint Laurence Foundation Inc is a registered charity in United States, based in Burbank, IL. It received its IRS tax-exemption ruling in July 2017, 9 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 June 2023, Saint Laurence Foundation Inc reported income of $165k and spending of $221k, spending 134% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $496k to $165k (-67%), an average of -24% a year. The sharpest change came in the year to June 2023, when income rose by 109%. Over the whole period it spent 146% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Saint Laurence Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within IL. Charities of a similar size with the same main cause include Rowland Family Charities Inc ($165k), Rememberavet Net ($165k) and Corte Madera Community Foundation ($165k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $2.5m against liabilities of $138k, net assets of $2.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.