Los Puentes Education Foundation

Analysis

Los Puentes Education Foundation is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Los Puentes Education Foundation reported income of $62k and spending of $59k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $221k to $62k (-72%), an average of -27% a year. The sharpest change came in the year to June 2023, when income dropped by 44%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Los Puentes Education Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within NM. Charities of a similar size with the same main cause include Marysville Cooperative Preschool ($62k), Adventist Education Foundation ($62k) and In Reach Inc ($62k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.2% and program service revenue 91% of the total. At year end it held assets of $1.5m against liabilities of $1.1m, net assets of $374k.