Lamorinda Spanish Inc

Analysis

Lamorinda Spanish Inc is a registered charity in United States, based in Eden, UT. It received its IRS tax-exemption ruling in February 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 (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, Lamorinda Spanish Inc reported income of $1.1m and spending of $947k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.1m (-38%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lamorinda Spanish Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within UT. Charities of a similar size with the same main cause include Patterson Library ($1.1m), Unlock Ministries Inc ($1.1m) and Florida Parent Educators Associatio N Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $593k. At year end it held assets of $2.7m against liabilities of $526k, net assets of $2.2m. It reported 49 employees.