Lhaq Temish Foundation

Analysis

Lhaq Temish Foundation is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Lhaq Temish Foundation reported income of $1.5m and spending of $1.6m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.5m (-32%), an average of -9.3% a year. The sharpest change came in the year to December 2020, when income rose by 91%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lhaq Temish Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WA. Charities of a similar size with the same main cause include George C Marshall Research Foundation ($1.5m), Mid-Coast Recreation Center Inc ($1.5m) and North Brunswick First Aid & Rescue Squad Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $279k. At year end it held assets of $4.0m against liabilities of $5,707, net assets of $4.0m. It reported 5 employees.