Robert J Louie Memorial Fund

Analysis

Robert J Louie Memorial Fund is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 1992, 34 years ago. 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, Robert J Louie Memorial Fund reported income of $236k and spending of $322k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $424k to $236k (-44%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Robert J Louie Memorial Fund sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Sri Aurobindo Sadhana Peetham ($236k), Ontario Christian School Foundation ($236k) and Millstadt Union Fire Department ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $356k against liabilities of $0, net assets of $356k.