Lao American Resource Center
Analysis
Lao American Resource Center is a registered charity in United States, based in Seatac, WA. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lao American Resource Center reported income of $127k and spending of $137k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $127k (+10%), an average of +10% a year. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Lao American Resource Center sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within WA. Charities of a similar size with the same main cause include Roy and Dora Whitman Academy Inc ($127k), Colorado Propane Gas Association Inc ($127k) and Opstad Elementary PTA N King County 2 18 21 ($127k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $549 against liabilities of $0, net assets of $549.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Roy and Dora Whitman Academy Inc | Sarasota | $127k |
| Colorado Propane Gas Association Inc | Ogden | $127k |
| Opstad Elementary PTA N King County 2 18 21 | Tacoma | $127k |
| Friends of the Lower Blue River | Silverthorne | $127k |