Luz de Vida

Analysis

Luz de Vida is a registered charity in United States, based in Gypsum, CO. It received its IRS tax-exemption ruling in November 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, Luz de Vida reported income of $391k and spending of $325k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $344k to $391k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 75% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Luz de Vida sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CO. Charities of a similar size with the same main cause include Noahs Children ($391k), Hope for Hispaniola Inc ($392k) and Lelt Foundation Inc ($391k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $46k (14% of expenses). Other salaries and wages came to $15k. At year end it held assets of $457k against liabilities of $5,412, net assets of $451k. It reported 2 employees.