Listerhill Foundation

Analysis

Listerhill Foundation is a registered charity in United States, based in Muscle Shoals, AL. It received its IRS tax-exemption ruling in March 2021, 5 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, Listerhill Foundation reported income of $103k and spending of $62k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $103k (-2.0%), an average of -2.0% a year. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Listerhill Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within AL. Charities of a similar size with the same main cause include Forman Valley Community Foundation Inc ($103k), Portland Community Fund Association ($103k) and Russell Classic Cancer Fund ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.