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Los Pobres Inc

RegisteredEIN 31-1794514Avondale, COPoverty relief
Income$417k2024-06
Spending$395ksame year
Spent / received102%5-year average
Size in its cause62nd pctPoverty relief
Exempt since2002Publicly supported organisat
Employees0latest return

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

$0$122k$244k$366k$488k2020 Income: $345,4282020 Spending: $313,98020202021 Income: $227,6152021 Spending: $267,82420212022 Income: $432,9062022 Spending: $488,30820222023 Income: $357,8322023 Spending: $349,14220232024 Income: $416,9602024 Spending: $394,8512024
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.4%

Similar-sized charities, same cause

CharityLocationIncome
Project Outreach IncorporatedTurkey$417k
Childrens Village InstituteDobbs Ferry$417k
Second Chances FoundationDenver$417k
Parish Thrift Shop IncPoquoson$417k