Foundation for Lake Chapala Charities Inc

Analysis

Foundation for Lake Chapala Charities Inc is a registered charity in United States, based in Laredo, TX. It received its IRS tax-exemption ruling in December 2008, 18 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, Foundation for Lake Chapala Charities Inc reported income of $609k and spending of $610k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $609k (+125%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 107%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Foundation for Lake Chapala Charities Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Coafrica ($609k), Pallas Foundation for National Security Leadership ($609k) and US Asia Institute ($608k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,953 against liabilities of $0, net assets of $4,953.