Distinguished Lecturer Series Foundation Inc

Analysis

Distinguished Lecturer Series Foundation Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 June 2023, Distinguished Lecturer Series Foundation Inc reported income of $232k and spending of $174k, leaving 25% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $726k to $232k (-68%), an average of -68% a year. The sharpest change came in the year to June 2023, when income dropped by 68%. Over the whole period it spent 21% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Distinguished Lecturer Series Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Boardman Community Baseball Inc ($232k), South Bay Deutscher Schulverein ($232k) and Belle Fourche Senior Citizens Center ($232k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $872k against liabilities of $0, net assets of $872k.