Louis J Billittier Fund

Analysis

Louis J Billittier Fund is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in August 2004, 22 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, Louis J Billittier Fund reported income of $71k and spending of $56k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $71k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Louis J Billittier Fund sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include John G Neihardt Foundation ($71k), Thunderbird Foundation ($71k) and Alyssa Marie Foundation ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.