Cardinal Lourdusamy Foundation

Analysis

Cardinal Lourdusamy Foundation is a registered charity in United States, based in Hinsdale, IL. It received its IRS tax-exemption ruling in April 2017, 9 years ago. 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, Cardinal Lourdusamy Foundation reported income of $402k and spending of $371k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $290k to $402k (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2022, when income rose by 196%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cardinal Lourdusamy Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Devitt House Inc ($402k), International Symphony Orchestra of Sarnia and Port Huron ($402k) and Hennessey Educational School Foundation Inc ($401k).

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 $150k against liabilities of $0, net assets of $150k.