Los Osos Cares Inc

Analysis

Los Osos Cares Inc is a registered charity in United States, based in Los Osos, CA. 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, Los Osos Cares Inc reported income of $148k and spending of $119k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $153k to $148k (-3.2%), an average of -3.2% a year. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Los Osos Cares Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Helping Hearts Inc ($148k), Kossuth County Food Pantry Inc ($148k) and Ochiltree County Senior Citizen Assoc Inc ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.7% of the total. At year end it held assets of $136k against liabilities of $25k, net assets of $111k.