Al Ludwig Memorial Fund

Analysis

Al Ludwig Memorial Fund is a registered charity in United States, based in Ligonier, PA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Al Ludwig Memorial Fund reported income of $62k and spending of $12k, leaving 80% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $62k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 22% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Al Ludwig Memorial Fund sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within PA. Charities of a similar size with the same main cause include Philadelphia Childrens Foundation ($62k), Native Plant Horticulture Institute ($62k) and Catawba Springs Elementary PTO ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $185k against liabilities of $5,000, net assets of $180k.