Lindaben Foundation Inc

Analysis

Lindaben Foundation Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lindaben Foundation Inc reported income of $197k and spending of $206k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $143k to $197k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lindaben Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MD. Charities of a similar size with the same main cause include Joshua P Williams Golf Tournament ($197k), Nazareth Area Food Bank ($197k) and Hope- Esperanza ($197k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 14% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.