Lulac National Educational Service Centers Inc

Analysis

Lulac National Educational Service Centers Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1976, 50 years ago. 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 September 2023, Lulac National Educational Service Centers Inc reported income of $10.9m and spending of $10.7m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $10.1m to $10.9m (+8.8%), an average of +2.1% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lulac National Educational Service Centers Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 88th percentile within DC. Charities of a similar size with the same main cause include Trinity Bible College and Graduate School ($10.9m), St Margarets ($11.0m) and Frick Art & Historical Center Inc ($10.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $880k (8.2% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $4.2m against liabilities of $1.9m, net assets of $2.3m. It reported 234 employees.