Lau Health Foundation Inc

Analysis

Lau Health Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lau Health Foundation Inc reported income of $1.0m and spending of $1.1m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $86k to $1.0m (+1081%), an average of +85% a year. The sharpest change came in the year to December 2022, when income rose by 12700%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lau Health Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Arizona Center for Afterschool Excellence ($1.0m), Rhode Island Manufacturing Institute ($1.0m) and LC Strong Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $685k against liabilities of $29k, net assets of $656k.