The Steven and Lottie Walker Family Foundation

Analysis

The Steven and Lottie Walker Family Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 1987, 39 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Steven and Lottie Walker Family Foundation reported income of $88k and spending of $46k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $136k to $88k (-35%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 125%. Over the whole period it spent 29% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Steven and Lottie Walker Family Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Windermere Elementary School PTO Inc ($88k), Hope Clinic International ($88k) and Guilford Fund for Education Inc ($88k).

At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.