LA Fuerza Unida Community Development Corporation

Analysis

LA Fuerza Unida Community Development Corporation is a registered charity in United States, based in East Norwich, NY. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, LA Fuerza Unida Community Development Corporation reported income of $511k and spending of $599k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $131k to $511k (+291%), an average of +41% a year. The sharpest change came in the year to December 2020, when income rose by 213%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, LA Fuerza Unida Community Development Corporation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Upper Albany Neighborhood Collaborative Inc ($511k), Tracy City Center Association ($511k) and Boston Prime Timers Inc ($511k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $126k (21% of expenses). Other salaries and wages came to $80k. At year end it held assets of $837k against liabilities of $266k, net assets of $571k. It reported 3 employees.