Loshasa Charity Foundation

Analysis

Loshasa Charity Foundation is a registered charity in United States, based in Diamond Bar, CA. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Loshasa Charity Foundation reported income of $124k and spending of $64k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $103k to $124k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2023, when income rose by 281%. Over the whole period it spent 43% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Loshasa Charity Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Run2revive ($124k), Surviving Strong ($124k) and Laundry & More Inc ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Compensation of current officers, directors and key employees was $30k (47% of expenses). At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.