Lily Foundation of America

Analysis

Lily Foundation of America is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lily Foundation of America reported income of $308k and spending of $285k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $302k to $308k (+2.1%), an average of +0.5% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lily Foundation of America sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Youth Farm Project Inc ($308k), Bertha Bartlett Public Library Foundation ($308k) and Evergreen School District 114 Foundation ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $573k against liabilities of $13k, net assets of $560k.