On Lok House Inc

Analysis

On Lok House Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 1993, 33 years ago. 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, On Lok House Inc reported income of $1.6m and spending of $2.0m, spending 131% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.6m (+11%), an average of +2.5% a year. The sharpest change came in the year to June 2020, when income rose by 40%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, On Lok House Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Population Association of America Inc ($1.6m), Laurel Education Center Inc ($1.6m) and Southfield Childrens Center Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% of the total. Other salaries and wages came to $52k. At year end it held assets of $6.7m against liabilities of $8.4m, net assets of -$1.8m.