Lanto Griffin Foundation

Analysis

Lanto Griffin Foundation is a registered charity in United States, based in Powell, OH. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Lanto Griffin Foundation reported income of $265k and spending of $329k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $279k to $265k (-5.0%), an average of -5.0% a year. Over the whole period it spent 124% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lanto Griffin Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Edgecombe County Public Schools Educational Foundation ($265k), Growing the Distance Inc ($265k) and Champions 4 Children Inc ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $139k against liabilities of $0, net assets of $139k.