Leeza Gibbons Memory Foundation Inc

Analysis

Leeza Gibbons Memory Foundation Inc is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 December 2023, Leeza Gibbons Memory Foundation Inc reported income of $742k and spending of $862k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $487k to $742k (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Leeza Gibbons Memory Foundation Inc 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 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include 911 at Ease International Inc ($742k), Better Beginnings for a Brighter Future ($742k) and Tooth Truck Inc ($742k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 6.8% of the total. Other salaries and wages came to $319k. At year end it held assets of $679k against liabilities of $4,671, net assets of $675k. It reported 19 employees.