Lolas International Inc

Analysis

Lolas International Inc is a registered charity in United States, based in Greensburg, PA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Lolas International Inc reported income of $716k and spending of $734k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $431k to $716k (+66%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lolas International Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include The Schools Days Foundation Inc ($716k), Mentoring Urban Students & Teens ($717k) and Ncha Charities Foundation ($716k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 98% of the total. Other salaries and wages came to $472k. At year end it held assets of $133k against liabilities of $0, net assets of $133k. It reported 35 employees.