Los Cabos Childrens Foundation

Analysis

Los Cabos Childrens Foundation is a registered charity in United States, based in Eagan, MN. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Los Cabos Childrens Foundation reported income of $3.8m and spending of $1.7m, leaving 56% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $3.8m (+273%), an average of +39% a year. The sharpest change came in the year to June 2020, when income rose by 176%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Los Cabos Childrens Foundation sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include Adult Resource Alliance of Yellowstone County ($3.8m), Advantage Home ($3.8m) and Child Nutrition Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 106% of the total. Compensation of current officers, directors and key employees was $112k (6.7% of expenses). Other salaries and wages came to $267k. At year end it held assets of $4.0m against liabilities of $94k, net assets of $3.9m.