Lakeview Village Foundation

Analysis

Lakeview Village Foundation is a registered charity in United States, based in Lenexa, KS. It received its IRS tax-exemption ruling in April 1997, 29 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, Lakeview Village Foundation reported income of $1.0m and spending of $259k, leaving 74% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $723k to $1.0m (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 29% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lakeview Village Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within KS. Charities of a similar size with the same main cause include Erlanger Baroness Auxiliary ($1.0m), Hoi Bao Tro Dong Nu Ty Chua Giesu Tinh Thuong ($1.0m) and Esteam Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 4.6% of the total. Other salaries and wages came to $154k. At year end it held assets of $6.6m against liabilities of $119k, net assets of $6.5m. It reported 2 employees.