Lotus Outreach

Analysis

Lotus Outreach is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2002, 24 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, Lotus Outreach reported income of $775k and spending of $885k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $536k to $775k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lotus Outreach 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 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Chica ($775k), Day 1 Bags ($775k) and Theresa Sondra Jacobs Foundation Inc ($775k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $91k (10% of expenses). Other salaries and wages came to $127k. At year end it held assets of $301k against liabilities of $722, net assets of $300k. It reported 5 employees.