Tommy Lanier Foundation Inc

Analysis

Tommy Lanier Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 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 2022, Tommy Lanier Foundation Inc reported income of $101k and spending of $90k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $184k to $101k (-45%), an average of -18% a year. The sharpest change came in the year to December 2022, when income rose by 166%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tommy Lanier Foundation Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within GA. Charities of a similar size with the same main cause include Thomas J Dart Foundation for the Advancement of Justice Inc ($101k), Unity Healthcare Foundation ($101k) and Baxter & Woodman Cares NFP ($101k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 62% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.