White Lotus Philanthropy Ltd

Analysis

White Lotus Philanthropy Ltd is a registered charity in United States, based in Mamaroneck, NY. It received its IRS tax-exemption ruling in September 2018, 8 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, White Lotus Philanthropy Ltd reported income of $676k and spending of $230k, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $180k to $676k (+276%), an average of +39% a year. The sharpest change came in the year to December 2020, when income rose by 223%. Over the whole period it spent 68% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, White Lotus Philanthropy Ltd sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Jehovah Jireh International Mission ($676k), Construction for Worldwide Evangelism Inc ($676k) and Evangelistic International Ministries Inc ($675k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.5m against liabilities of $13k, net assets of $1.4m.