Lassen Park Foundation

Analysis

Lassen Park Foundation is a registered charity in United States, based in Anderson, CA. It received its IRS tax-exemption ruling in September 1985, 41 years ago. 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 September 2023, Lassen Park Foundation reported income of $87k and spending of $145k, spending 166% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $239k to $87k (-64%), an average of -22% a year. The sharpest change came in the year to September 2022, when income rose by 117%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lassen Park Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Philippine-Asian Missions Inc ($87k), Chorale Bel Canto ($87k) and St Catherine Hospital Development Foundation ($87k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $303k against liabilities of $110k, net assets of $193k.