Colaborativa LA Milpa

Analysis

Colaborativa LA Milpa is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in July 2009, 17 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 December 2022, Colaborativa LA Milpa reported income of $2.0m and spending of $1.7m, spending 85% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $743k to $2.0m (+169%), an average of +39% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Colaborativa LA Milpa sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include SVDP Diocesan Council of Charleston ($2.0m), Hampshire County Committee on Aging Inc ($2.0m) and Bay Area Women Leader Network ($2.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $31k (1.8% of expenses). Other salaries and wages came to $282k. At year end it held assets of $2.1m against liabilities of $68k, net assets of $2.0m. It reported 11 employees.