Commonwealth Long Term Care Foundation Inc

Analysis

Commonwealth Long Term Care Foundation Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Commonwealth Long Term Care Foundation Inc reported income of $53k and spending of $40k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $45k to $53k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2022, when income rose by 1672%. Over the whole period it spent 176% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Commonwealth Long Term Care Foundation Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within VA. Charities of a similar size with the same main cause include International Human Rights Consortium ($53k), Community Foundation of Usc ($53k) and Loving Liberty Inc ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% of the total. At year end it held assets of $326k against liabilities of $0, net assets of $326k.