Lost Causes

Analysis

Lost Causes is a registered charity in United States, based in Auburn, CA. It received its IRS tax-exemption ruling in February 2024, 2 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Lost Causes reported income of $483k and spending of $448k, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $355k to $483k (+36%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lost Causes sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include El Refugio Ministry Inc ($483k), Nazareth Educational Ministries Association Inc ($483k) and Street Angels Ministry ($483k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (13% of expenses). At year end it held assets of $52k against liabilities of $0, net assets of $52k. It reported 1 employees.