Lotus Network Fka Intl

Analysis

Lotus Network Fka Intl is a registered charity in United States, based in Cherry HL VLG, CO. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Lotus Network Fka Intl reported income of $279k and spending of $206k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $234k to $279k (+19%), an average of +9.3% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lotus Network Fka Intl sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CO. Charities of a similar size with the same main cause include Christopher Waldens Foundation of Hope ($279k), Vision Resource Center ($279k) and The Anthony J Rinaldi Jr Foundation for Children with Cancer ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. At year end it held assets of $201k against liabilities of $7,500, net assets of $194k.