Lucia Lamour Foundation Inc

Analysis

Lucia Lamour Foundation Inc is a registered charity in United States, based in Elmont, NY. It received its IRS tax-exemption ruling in February 2021, 5 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, Lucia Lamour Foundation Inc reported income of $59k and spending of $79k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $59k (+59%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lucia Lamour Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Glendora Rotary Charities Inc ($59k), Operation Oswego County Foundation Inc ($59k) and Eagle Pointe Foundation Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,674 against liabilities of $0, net assets of $9,674.