Luria Foundation

Analysis

Luria Foundation is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in December 1990, 36 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 December 2023, Luria Foundation reported income of $930k and spending of $1.3m, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $820k to $930k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2022, when income rose by 380%. Over the whole period it spent 66% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Luria Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Jewish Federation of Springfield Illinois ($930k), Friends of Catholic Education Endowment Trust ($930k) and Volunteer Center of Fairfax County Inc ($928k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $11.8m against liabilities of $0, net assets of $11.8m.