Ludowici Community Foundation

Analysis

Ludowici Community Foundation is a registered charity in United States, based in New Lexington, OH. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Ludowici Community Foundation reported income of $61k and spending of $83k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $12k to $61k (+419%), an average of +51% a year. The sharpest change came in the year to December 2022, when income rose by 270%. Over the whole period it spent 254% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ludowici Community Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within OH. Charities of a similar size with the same main cause include Delanco Youth Sports Association Inc ($61k), Katrinas Kids ($61k) and Earn Your Spurs Inc ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 20% of the total. At year end it held assets of $320k against liabilities of $47k, net assets of $273k.

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.