Lu-wong Foundation is a 501(c)(3) organization based in Port Orchard, Washington, registered in 2014, with $20,616 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$21K
▲ 895.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$21K
Net assets
$366K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Lu-wong Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lu-wong Foundation: 210 mo reserves · -1% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Lu-wong Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lu-wong Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $1,975 (FY2020) to $21K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-1.5%
Spent more than it raised in the latest fiscal year.
Total assets
$366K
Total liabilities
$0
Net assets
$366K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $20,616▲895% | $20,922▲37.1% | $366,485▲22.5% | $366,485▲22.5% | 990PF |
| 2023 | $2,071▼56.4% | $15,258▼0.7% | $299,053▲26.4% | $299,053▲26.4% | 990PF |
| 2022 | $4,746▼56.8% | $15,364▼56.3% | $236,545▼28.0% | $236,545▼28.0% | 990PF |
| 2021 | $10,981▲456% | $35,145▲181% | $328,517▲19.7% | $328,517▲19.7% | 990PF |
| 2020 | $1,975 | $12,520 | $274,383 | $274,383 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Lu-wong Foundation (EIN 46-3429434) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.