Lucky Duck Foundation

Analysis

Lucky Duck Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lucky Duck Foundation reported income of $4.3m and spending of $4.1m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $4.3m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lucky Duck Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Community Action Against Addiction ($4.3m), Canandaigua Emergency Squad Inc ($4.3m) and West Cental Dental Resources Inc ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $50k (1.2% of expenses). Other salaries and wages came to $82k. At year end it held assets of $9.3m against liabilities of $80k, net assets of $9.2m. It reported 4 employees.