Loddi Inc

Analysis

Loddi Inc is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in February 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Loddi Inc reported income of $237k and spending of $236k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $477k to $237k (-50%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 61%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Loddi Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OH. Charities of a similar size with the same main cause include Stillwater Historical Society ($237k), Arthur L Fogleman Trust ($237k) and Search and Assist ($237k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.9% and program service revenue 91% of the total. At year end it held assets of $1.9m against liabilities of $365k, net assets of $1.5m.