Little Lotus Center

Analysis

Little Lotus Center is a registered charity in United States, based in Middletown, NY. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Little Lotus Center reported income of $536k and spending of $363k, leaving 32% of income unspent that year. Across the 3 years on record, from July 2022 to July 2024, income grew from $375k to $536k (+43%), an average of +19% a year. The sharpest change came in the year to July 2023, when income rose by 30%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Lotus Center sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Vocational Opportunities Center Northeast Texas Inc ($536k), Schooling for Life ($536k) and Seven Generations Charter School Foundation ($535k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 8.3% and program service revenue 92% of the total. Other salaries and wages came to $240k. At year end it held assets of $435k against liabilities of $118k, net assets of $316k. It reported 6 employees.