Lelooska Foundation

Analysis

Lelooska Foundation is a registered charity in United States, based in Ariel, WA. It received its IRS tax-exemption ruling in April 1980, 46 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lelooska Foundation reported income of $301k and spending of $300k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $301k (+32%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lelooska Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within WA. Charities of a similar size with the same main cause include Cellobello Inc ($301k), Highlands Historical Society ($301k) and Society for the Advancement of Scandinavian Study ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $24k (8.0% of expenses). Other salaries and wages came to $40k. At year end it held assets of $879k against liabilities of $2,522, net assets of $876k. It reported 19 employees.