LA Posada Providencia

Analysis

LA Posada Providencia is a registered charity in United States, based in San Benito, TX. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, LA Posada Providencia reported income of $876k and spending of $711k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $878k to $876k (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LA Posada Providencia sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Sunrise Center Inc ($876k), Suny Potsdam Child Care Center Inc ($876k) and Vaughan Community Service Inc ($876k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Other salaries and wages came to $339k. At year end it held assets of $1.4m against liabilities of $27k, net assets of $1.4m. It reported 17 employees.