Lapacho Fund

Analysis

Lapacho Fund is a registered charity in United States, based in Midway, UT. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lapacho Fund reported income of $101k and spending of $200k, spending 198% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $268k to $101k (-62%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 140% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lapacho Fund sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within UT. Charities of a similar size with the same main cause include The Owensboro Family YMCA Trust Inc ($101k), National Charity League Inc Stanford Hills Chapter ($101k) and Maine Womens Giving Tree ($101k).

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 $5,355 against liabilities of $0, net assets of $5,355.