Lauren Rose Albert Foundation Inc

Analysis

Lauren Rose Albert Foundation Inc is a registered charity in United States, based in Cherry Hill, NJ. It received its IRS tax-exemption ruling in February 2002, 24 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 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, Lauren Rose Albert Foundation Inc reported income of $57k and spending of $23k, leaving 60% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $57k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 46% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lauren Rose Albert Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 29th percentile within NJ. Charities of a similar size with the same main cause include Rotary District 6440 Charitable Fund Inc NFP ($57k), Sci2 Corp ($57k) and Millbury Lions Foundation Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $287k against liabilities of $0, net assets of $287k.