Logix Community Stars Foundation

Analysis

Logix Community Stars Foundation is a registered charity in United States, based in Valencia, CA. It received its IRS tax-exemption ruling in September 2006, 20 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 December 2023, Logix Community Stars Foundation reported income of $224k and spending of $246k, spending 110% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $231k to $224k (-2.7%), an average of -0.9% a year. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Logix Community Stars Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Cheria Foundation Inc ($224k), Albertina Kerr Centers Foundation Inc ($224k) and Pampa United Way Inc ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.