Louis J Acompora Memorial Foundation

Analysis

Louis J Acompora Memorial Foundation is a registered charity in United States, based in Northport, NY. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Louis J Acompora Memorial Foundation reported income of $89k and spending of $90k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $105k to $89k (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2022, when income rose by 984%. Over the whole period it spent 60% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Louis J Acompora Memorial Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Red Rock Volunteer Fire Company Inc ($89k), Ride Safe Foundation of Bergen Inc ($89k) and Bolton Volunteer Fire Company Inc ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $980k against liabilities of $6,247, net assets of $974k.