The Laredo Diploma Plus Foundation Inc

Analysis

The Laredo Diploma Plus Foundation Inc is a registered charity in United States, based in Laredo, TX. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, The Laredo Diploma Plus Foundation Inc reported income of $128k and spending of $82k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $66k to $128k (+94%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 75%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Laredo Diploma Plus Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Conscious Giving Inc ($128k), Buena Vida Foundation Inc ($128k) and Whiteside County Soil Water Conserv & Education Fund Inc ($128k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $356k against liabilities of $0, net assets of $356k.