George Lopez Foundation

Analysis

George Lopez Foundation is a registered charity in United States, based in Woodland HLS, CA. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, George Lopez Foundation reported income of $607k and spending of $606k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $678k to $607k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, George Lopez Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Habersham County United Way Inc ($607k), Community Foundation Forindependence ($608k) and Big Brothers Big Sisters Lone Star Foundation ($607k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 176% of the total. Compensation of current officers, directors and key employees was $171k (28% of expenses). Other salaries and wages came to $52k. At year end it held assets of $907k against liabilities of $0, net assets of $907k. It reported 2 employees.