Lou Ruspi Jr Foundation Inc

Analysis

Lou Ruspi Jr Foundation Inc is a registered charity in United States, based in Alpharetta, GA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Lou Ruspi Jr Foundation Inc reported income of $55k and spending of $16k, leaving 71% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $55k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 69% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lou Ruspi Jr Foundation Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within GA. Charities of a similar size with the same main cause include Thrive with Pyruvate Kinase Deficiency Organization ($55k), Pink Christmas Inc ($55k) and Israeli Pediatric Brain Tumorfoundation Ltd ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 0.3% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.