Lotus Center

Analysis

Lotus Center is a registered charity in United States, based in Byron, GA. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lotus Center reported income of $195k and spending of $64k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $187k to $195k (+4.4%), an average of +4.4% a year. Over the whole period it spent 39% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lotus Center sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within GA. Charities of a similar size with the same main cause include Marcys Project ($195k), Friends of the Chinook School ($195k) and Center for Successful Aging ($195k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $339k against liabilities of $250k, net assets of $89k.