Lazos Inc

Analysis

Lazos Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lazos Inc reported income of $131k and spending of $170k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $131k (+33%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 129% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lazos Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within CO. Charities of a similar size with the same main cause include Project Tribute Foundation ($131k), Hibernian Charity ($131k) and Rotary Club of Buffalo Grove Charitable Foundation ($131k).

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 $54k against liabilities of $0, net assets of $54k.