Lowry Foundation

Analysis

Lowry Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Lowry Foundation reported income of $135k and spending of $260k, spending 192% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $230k to $135k (-41%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 406%. Over the whole period it spent 57% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lowry Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within CO. Charities of a similar size with the same main cause include Fairfield Community Services Foundation ($135k), Oakland Peace Center ($135k) and New Operation Cooper Street Inc ($135k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $54k (21% of expenses). Other salaries and wages came to $35k. At year end it held assets of $3.3m against liabilities of $3,805, net assets of $3.3m. It reported 3 employees.