Loma Public Education Fund

Analysis

Loma Public Education Fund is a registered charity in United States, based in Los Gatos, CA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Loma Public Education Fund reported income of $421k and spending of $417k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $411k to $421k (+2.5%), an average of +0.6% a year. The sharpest change came in the year to June 2021, when income rose by 121%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Loma Public Education Fund sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Urban Christian Academy ($421k), Maywood Cooperative Nursery School Inc ($421k) and Centers for Interamerican Studies Inc ($421k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $961k against liabilities of $935k, net assets of $26k.