Focus on Lyme Foundation

Analysis

Focus on Lyme Foundation is a registered charity in United States, based in Paradise Valley, AZ. It received its IRS tax-exemption ruling in April 2000, 26 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 (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, Focus on Lyme Foundation reported income of $184k and spending of $265k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $251k to $184k (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Focus on Lyme Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within AZ. Charities of a similar size with the same main cause include Southern Pacific Historical and Technical Society Inc ($184k), Rancho Camulos Museum a California Non-Profit Benefit Corporation ($184k) and Impulse Youth Arts Organization ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $89k (34% of expenses). At year end it held assets of $24k against liabilities of $5,493, net assets of $19k. It reported 2 employees.