TVL 11 Foundation Inc

Analysis

TVL 11 Foundation Inc is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in April 2017, 9 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, TVL 11 Foundation Inc reported income of $61k and spending of $34k, leaving 45% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $145k to $61k (-58%), an average of -25% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, TVL 11 Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within ID. Charities of a similar size with the same main cause include Abltc Foundation Inc ($61k), Vasari Cares Foundation ($61k) and Wyckoff Education Foundation Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 139% of the total. At year end it held assets of $214k against liabilities of $0, net assets of $214k.