Los Pobres Inc
Analysis
Los Pobres Inc is a registered charity in United States, based in Avondale, CO. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover human services, 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 June 2024, Los Pobres Inc reported income of $417k and spending of $395k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $345k to $417k (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2022, when income rose by 90%. Over the whole period it spent 102% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Los Pobres Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within CO. Charities of a similar size with the same main cause include Project Outreach Incorporated ($417k), Childrens Village Institute ($417k) and Second Chances Foundation ($417k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $186k against liabilities of $0, net assets of $186k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Project Outreach Incorporated | Turkey | $417k |
| Childrens Village Institute | Dobbs Ferry | $417k |
| Second Chances Foundation | Denver | $417k |
| Parish Thrift Shop Inc | Poquoson | $417k |