Spanish Ladder

Analysis

Spanish Ladder is a registered charity in United States, based in Aurora, IL. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Spanish Ladder reported income of $123k and spending of $128k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $123k (+5.2%), an average of +5.2% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spanish Ladder sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include Friends of the Colorado Talking Book Library ($123k), Bemidji Lumberjacks Football Inc ($123k) and CHD Academy ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $72k against liabilities of $5,400, net assets of $66k.