Belvidere Foundation

Analysis

Belvidere Foundation is a registered charity in United States, based in Central City, CO. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Belvidere Foundation reported income of $565k and spending of $30k, leaving 95% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $565k (+691%), an average of +691% a year. The sharpest change came in the year to December 2023, when income rose by 691%. Over the whole period it spent 6.6% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Belvidere Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include Yale Alumni Chorus Foundation Inc ($565k), Handy Foundation Corporation ($565k) and Art Museum of Greater Lafayette Inc ($565k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $727k against liabilities of $1,897, net assets of $725k.