Long-Term Care Foundation

Analysis

Long-Term Care Foundation is a registered charity in United States, based in Tumwater, WA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Long-Term Care Foundation reported income of $1.6m and spending of $1.9m, spending 117% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $204k to $1.6m (+693%), an average of +99% a year. The sharpest change came in the year to June 2021, when income rose by 251%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Long-Term Care Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WA. Charities of a similar size with the same main cause include Urban Minority Alcoholism & Drug Abuse Outreach Program of Cincinna ($1.6m), Minnesota Ovarian Cancer Alliance Inc ($1.6m) and New Life Usa-Nevada ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $119k (6.3% of expenses). Other salaries and wages came to $290k. At year end it held assets of $165k against liabilities of $917, net assets of $164k. It reported 5 employees.