Luther C Fischer Foundation

Analysis

Luther C Fischer Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 1957, 69 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Luther C Fischer Foundation reported income of $2.2m and spending of $4.1m, spending 187% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.9m to $2.2m (+18%), an average of +4.1% a year. Over the whole period it spent 116% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Luther C Fischer Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include The Friends of Foster Care ($2.2m), Treasure Valley Community College Foundation ($2.2m) and Friends of Mayanot Institute Inc ($2.2m).

Compensation of current officers, directors and key employees was $14k (0.3% of expenses). At year end it held assets of $9.3m against liabilities of $0, net assets of $9.3m.