Learfield Family Fund

Analysis

Learfield Family Fund is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Learfield Family Fund reported income of $142k and spending of $128k, spending 90% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $124k to $142k (+14%), an average of +14% a year. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Learfield Family Fund sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Alpha House a Place for New Beginnings ($142k), Aid Our Veterans Inc ($142k) and Itnlehighvalley ($142k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $509k against liabilities of $0, net assets of $509k.