LA Semilla Food Center

Analysis

LA Semilla Food Center is a registered charity in United States, based in Anthony, NM. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 Semilla Food Center reported income of $4.4m and spending of $2.8m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $4.4m (+179%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 120%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LA Semilla Food Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within NM. Charities of a similar size with the same main cause include Moms Against Poverty ($4.4m), The Hana Center ($4.4m) and Blair County Community Action Program ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $99k (3.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.3m against liabilities of $267k, net assets of $3.1m. It reported 47 employees.