Loomis Senior Life Center

Analysis

Loomis Senior Life Center is a registered charity in United States, based in Loomis, CA. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Loomis Senior Life Center reported income of $62k and spending of $68k, spending 110% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $65k to $62k (-5.4%), an average of -5.4% a year. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loomis Senior Life Center sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Ohio State Beekeepers Association Inc ($61k), International Federation for Home Economics United States ($62k) and Robby Poblete Foundation ($61k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 37% of the total. At year end it held assets of $9,353 against liabilities of $0, net assets of $9,353.