Lithuanian National Foundation Inc

Analysis

Lithuanian National Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Lithuanian National Foundation Inc reported income of $236k and spending of $230k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $284k to $236k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2021, when income rose by 140%. Over the whole period it spent 65% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Lithuanian National Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Jesus 4 Romania ($236k), Colegio Madre Teresa Inc ($236k) and Maharjan Orphanage Foundation ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. Other salaries and wages came to $25k. At year end it held assets of $4.3m against liabilities of $68k, net assets of $4.2m. It reported 1 employees.