Localogy

Analysis

Localogy is a registered charity in United States, based in Questa, NM. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Localogy reported income of $230k and spending of $239k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $153k to $230k (+50%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Localogy sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NM. Charities of a similar size with the same main cause include Whiskey and Wishes Inc ($230k), Anthony Davis Foundation Inc ($230k) and Adelante Hispanic Achievers Inc ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.2% of the total. Other salaries and wages came to $62k. At year end it held assets of $57k against liabilities of $3,001, net assets of $54k. It reported 21 employees.