Licensing International Foundation Inc

Analysis

Licensing International Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2018, 8 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, Licensing International Foundation Inc reported income of $249k and spending of $239k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $301k to $249k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2022, when income rose by 76%. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Licensing International Foundation Inc 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 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Fond Blanc Foundation ($249k), Michigan Employment & Training Plus ($249k) and Zarlengo Foundation ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 162% of the total. At year end it held assets of $297k against liabilities of $24k, net assets of $273k.