Robert R Decormier Memorial Fund

Analysis

Robert R Decormier Memorial Fund is a registered charity in United States, based in Lagrangeville, NY. It received its IRS tax-exemption ruling in May 1969, 57 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, Robert R Decormier Memorial Fund reported income of $78k and spending of $55k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $30k to $78k (+161%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 124%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Robert R Decormier Memorial Fund sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Ohio Association of Emergency Vehicle Technicians Inc ($78k), New Orleans-Birmingham Psychoanalytic Center ($78k) and National Society of the Sons of the American Revolution ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $542k against liabilities of $0, net assets of $542k.