Lily Pad Foundation

Analysis

Lily Pad Foundation is a registered charity in United States, based in Madison, MS. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Lily Pad Foundation reported income of $121k and spending of $108k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $305k to $121k (-60%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 48%. Over the whole period it spent 29% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lily Pad Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within MS. Charities of a similar size with the same main cause include Colonial Heights Volunteer Fire and Emergency Medical Services Ems ($121k), Central Florida Health Inc ($121k) and Flagmans Sober Living Inc ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $49k (45% of expenses). At year end it held assets of $735k against liabilities of $4,907, net assets of $730k. It reported 1 employees.