LA Casa de Buena Salud Inc

Analysis

LA Casa de Buena Salud Inc is a registered charity in United States, based in Portales, NM. It received its IRS tax-exemption ruling in July 1975, 51 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, LA Casa de Buena Salud Inc reported income of $18.9m and spending of $19.2m, spending 101% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $15.5m to $18.9m (+22%), an average of +5.1% a year. The sharpest change came in the year to July 2020, when income rose by 48%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Casa de Buena Salud Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NM. Charities of a similar size with the same main cause include Philadelphia School ($18.9m), Beth Israel Lahey Health Primary Care Inc ($18.9m) and Williamsport Home ($18.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 43% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $623k (3.3% of expenses). Other salaries and wages came to $10.1m. At year end it held assets of $10.3m against liabilities of $3.0m, net assets of $7.3m. It reported 314 employees.