Loma Linda School Foundation

Analysis

Loma Linda School Foundation is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in July 1993, 33 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 December 2023, Loma Linda School Foundation reported income of $155k and spending of $63k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $43k to $155k (+260%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Loma Linda School Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Track Houston Youth Track Club ($155k), North Slope Baptist Mission Inc ($155k) and Friends of the Brown County Library Inc ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $623k against liabilities of $0, net assets of $623k.