Albi Fund Institute & Lab

Analysis

Albi Fund Institute & Lab is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Albi Fund Institute & Lab reported income of $207k and spending of $1.2m, spending 594% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $300k to $207k (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2022, when income dropped by 74%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Albi Fund Institute & Lab sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Miller Safety Center Inc ($207k), Grant Fuhr Foundation ($207k) and Mitchell Area Charitable Foundation ($207k).

At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.