The Liriodendron Foundation Inc

Analysis

The Liriodendron Foundation Inc is a registered charity in United States, based in Bel Air, MD. It received its IRS tax-exemption ruling in September 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Liriodendron Foundation Inc reported income of $626k and spending of $486k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $328k to $626k (+91%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Liriodendron Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include Interfaith Ministries Inc of Calhoun County Alabama ($626k), Hodag Sports Club ($626k) and Tel Hai Mennonite Camp ($626k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 57% of the total. Other salaries and wages came to $214k. At year end it held assets of $1.0m against liabilities of $6,800, net assets of $1.0m. It reported 12 employees.