Shelby Lavine Family Foundation

Analysis

Shelby Lavine Family Foundation is a registered charity in United States, based in Addison, TX. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shelby Lavine Family Foundation reported income of $1.6m and spending of $1.0m, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $5.0m to $1.6m (-69%), an average of -69% a year. The sharpest change came in the year to December 2023, when income dropped by 69%. Over the whole period it spent 30% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Shelby Lavine Family Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Topton Community Ambulance ($1.6m), Daystar Center for Spiritual Recovery ($1.6m) and Central Peninsula Health Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $4.6m against liabilities of $0, net assets of $4.6m.