Lotus Institute Inc

Analysis

Lotus Institute Inc is a registered charity in United States, based in Pataskala, OH. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Lotus Institute Inc reported income of $186k and spending of $185k, spending 100% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $132k to $186k (+41%), an average of +41% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lotus Institute Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within OH. Charities of a similar size with the same main cause include Reach Qalicb Inc ($186k), Houses of Hope International ($186k) and Family Wins ($186k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. At year end it held assets of $107k against liabilities of $244, net assets of $107k.