LA Compagnia de Colombari Inc

Analysis

LA Compagnia de Colombari Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2021, 5 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 August 2024, LA Compagnia de Colombari Inc reported income of $455k and spending of $413k, spending 91% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $101k to $455k (+352%), an average of +35% a year. The sharpest change came in the year to August 2024, when income rose by 150%. Over the whole period it spent 88% 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 Compagnia de Colombari Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Free Lunch Academy ($455k), Lark Traditional Arts ($455k) and Advocacy Inc ($455k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. At year end it held assets of $234k against liabilities of $16k, net assets of $218k.