Lara Educational Opportunities Inc

Analysis

Lara Educational Opportunities Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lara Educational Opportunities Inc reported income of $125k and spending of $157k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $125k (+5.0%), an average of +5.0% a year. Over the whole period it spent 124% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lara Educational Opportunities Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within IN. Charities of a similar size with the same main cause include Massachusetts Association for Health Physical Education ($125k), Talley Mark ($125k) and Big Red Pride Inc ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 9.3% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.