Lokai Rose Foundation Inc

Analysis

Lokai Rose Foundation Inc is a registered charity in United States, based in West Milford, NJ. It received its IRS tax-exemption ruling in April 2021, 5 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 December 2023, Lokai Rose Foundation Inc reported income of $125k and spending of $116k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $125k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lokai Rose Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 50th percentile within NJ. Charities of a similar size with the same main cause include Hannah Brown Community Development Corporation ($125k), Justin Hope Foundation ($125k) and Novick Family Urban Farm ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. At year end it held assets of $37k against liabilities of $287, net assets of $37k.