Looptfoundation

Analysis

Looptfoundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Looptfoundation reported income of $78k and spending of $68k, spending 87% of its income. The sharpest change came in the year to December 2021, when income rose by 238016%. Over the whole period it spent 100% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Looptfoundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within OR. Charities of a similar size with the same main cause include Massachusetts Land Conservation Trust Inc ($78k), Bridlewild Trails Association Inc ($78k) and Ocean Beach Community Fund Inc ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $33k (49% of expenses). At year end it held assets of $17k against liabilities of $1,391, net assets of $15k. It reported 1 employees.