Tony Laudadio Foundation

Analysis

Tony Laudadio Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in November 2018, 8 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 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, Tony Laudadio Foundation reported income of $284k and spending of $280k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $208k to $284k (+37%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tony Laudadio Foundation sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Kipas Tzedukah Inc ($284k), Flagstone Initiative ($284k) and Wycliffe Charities Foundation Inc ($284k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 129% of the total. Compensation of current officers, directors and key employees was $9,000 (3.2% of expenses). Other salaries and wages came to $2,565. It paid $1,675 in professional fundraising fees. At year end it held assets of $166k against liabilities of $2,240, net assets of $164k.