LOKAHI ASSURANCE LTD
OAKLAND, CA 94612 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $967,547,788 | $752,496,563 | $700,945,630 |
| FY2023 | $758,217,964 | $628,387,318 | $613,216,761 |
| FY2022 | $523,344,731 | $664,390,364 | $444,475,046 |
| FY2021 | $460,349,929 | $466,969,515 | $751,721,616 |
| FY2020 | $438,260,488 | $471,309,878 | $707,270,435 |
| FY2019 | $528,026,536 | $500,564,162 | $668,293,597 |
| FY2018 | $1,019,319,122 | $941,121,014 | $590,424,740 |
| FY2017 | $388,322,535 | $346,321,989 | $541,072,159 |
| FY2016 | $293,536,879 | $284,220,261 | $480,809,583 |
| FY2015 | $268,293,416 | $253,197,490 | $461,044,008 |
| FY2014 | $311,422,665 | $238,388,751 | $458,036,654 |
| FY2013 | $318,119,337 | $288,722,026 | $384,516,561 |
| FY2012 | $292,350,330 | $281,876,602 | $358,629,160 |
| FY2011 | $287,026,305 | $255,797,087 | $345,070,107 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $596,477,823 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $714,880,390 | 95% |
| Management & general | $37,616,173 | 5% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2024.
- Program services accounted for 95% of functional expenses, management & general 5%, and fundraising 0%.
- 95% of functional expenses went to program services in FY2024. That is higher than 26.4% of 110 Mutual & Membership Benefit organizations nationwide (too few in CA for a state comparison).
- Net assets covered about 11.2 months of expenses at the end of the reporting year. That puts it in the 33rd percentile among 357 Mutual & Membership Benefit organizations in CA.
- Total revenue was higher than 100.3% of 363 Mutual & Membership Benefit organizations in CA.
- Total revenue rose from $287,026,305 in FY2011 to $967,547,788 in FY2024, Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2020, FY2021, FY2022).
- The highest revenue on record here is $1,019,319,122 in FY2018.
- Net assets grew from $345,070,107 to $700,945,630 between FY2011 and FY2024.
- Donations may be deductible (supporting organization, type unspecified).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
IRS status
| Ruling year | 2003 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | Y200 — Mutual & Membership Benefit |
| Donations | Donations may be deductible (supporting organization, type unspecified). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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