Living Classrooms Foundation

Analysis

Living Classrooms Foundation is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 1998, 28 years ago. 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, Living Classrooms Foundation reported income of $4.5m and spending of $4.6m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $4.5m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Living Classrooms Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MD. Charities of a similar size with the same main cause include Camp Yavneh ($4.5m), The Bedford School Inc ($4.5m) and Hale-Barnard Corporation ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 10% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $9.4m against liabilities of $4.0m, net assets of $5.4m.