LA Isla Network Inc

Analysis

LA Isla Network Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, LA Isla Network Inc reported income of $1.9m and spending of $2.3m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.9m (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 119%. Over the whole period it spent 115% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, LA Isla Network Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 66th percentile within DC. Charities of a similar size with the same main cause include Gifts of Love International ($1.9m), Justice Defenders ($1.9m) and Foundation for Human Rights in Cuba Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $120k (5.3% of expenses). Other salaries and wages came to $668k. At year end it held assets of $595k against liabilities of $1.3m, net assets of -$720k. It reported 8 employees.