Lot318

Analysis

Lot318 is a registered charity in United States, based in Placentia, CA. It received its IRS tax-exemption ruling in May 2011, 15 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, Lot318 reported income of $2.1m and spending of $322k, leaving 85% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $226k to $2.1m (+835%), an average of +111% a year. The sharpest change came in the year to December 2022, when income rose by 224%. Over the whole period it spent 25% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lot318 sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include St Andrews Church-Mt Pleasant Land TR ($2.1m), Sisters of the Adoration Corp ($2.1m) and Yeshiva Beth Abraham of Jerusalem Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.0% of the total. Other salaries and wages came to $45k. At year end it held assets of $2.6m against liabilities of $6,966, net assets of $2.6m. It reported 3 employees.