LA Asociacion Americana de Estudios Inc

Analysis

LA Asociacion Americana de Estudios Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, LA Asociacion Americana de Estudios Inc reported income of $200k and spending of $121k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $132k to $200k (+52%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, LA Asociacion Americana de Estudios Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Oklahoma City Town Hall Inc ($200k), Tredyffrin Township Library Foundation ($200k) and Christian Performance Theatre Inc ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 35% of the total. At year end it held assets of $396k against liabilities of $16k, net assets of $380k.