Ladylike Foundation

Analysis

Ladylike Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Ladylike Foundation reported income of $425k and spending of $483k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $602k to $425k (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ladylike Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Musical Theatre Academy of Orange County ($425k), The Finley Project Inc ($425k) and Tongue River Childs Place ($425k).

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 $2,160 against liabilities of $500k, net assets of -$498k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.