Luso-american Development Foundation is a 501(c)(4) organization, registered in 1986, with $27,593,496 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$27.6M
▲ 152.3% vs prior year
Expenses (FY2024)
$8.1M
Net assets
$176.1M
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 Luso-american Development 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 Luso-american Development Foundation: 259 mo reserves · +70% 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 Luso-american Development 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 Luso-american Development Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $9.2M (FY2020) to $27.6M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
70.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$177.7M
Total liabilities
$1.6M
Net assets
$176.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $27,593,496▲152% | $8,143,910▼2.3% | $176,105,294▲5.7% | $177,743,143▲5.5% | 990 |
| 2023 | $10,937,940▲875% | $8,331,707▼61.9% | $166,622,925▲5.2% | $168,555,933▲5.1% | 990 |
| 2022 | $1,121,854▼94.4% | $21,878,093▲164% | $158,359,218▼11.0% | $160,348,295▼12.0% | 990 |
| 2021 | $19,932,627▲116% | $8,282,590▲27.9% | $177,943,856▼1.2% | $182,222,263▲0.2% | 990 |
| 2020 | $9,245,341 | $6,477,584 | $180,168,766 | $181,923,834 | 990 |
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 Luso-american Development Foundation (EIN 98-0075208) 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.