Loma Portal Foundation

Analysis

Loma Portal Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 2000, 26 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 December 2023, Loma Portal Foundation reported income of $107k and spending of $145k, spending 135% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $168k to $107k (-36%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Loma Portal Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Village View Elementary School PTO ($107k), Delta San Francisco-Peninsula Foundation ($107k) and American University Central Asia Foundation ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $245k against liabilities of $0, net assets of $245k.