Lopa Foundation

Analysis

Lopa Foundation is a registered charity in United States, based in Covington, LA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lopa Foundation reported income of $200k and spending of $544k, spending 273% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $410k to $200k (-51%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 56%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lopa Foundation sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within LA. Charities of a similar size with the same main cause include Sisters Hope Foundation for Hereditary Diffuse Leukoencephalop ($200k), A Better Life-Briannas Hope ($200k) and Hispanic-Latino Minority Health Coalition of Greater Indianapolis ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 113% of the total. At year end it held assets of $469k against liabilities of $84k, net assets of $384k.