Lucstrong Foundation

Analysis

Lucstrong Foundation is a registered charity in United States, based in Oak Park, CA. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Lucstrong Foundation reported income of $59k and spending of $58k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $38k to $59k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 118% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lucstrong Foundation sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Mpmaana Inc ($59k), Montvale Rescue Squad Incorporated ($59k) and Grace Therapeutic Horse Program ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $19k against liabilities of $19k, net assets of $0.