Los Alamos Community Foundation

Analysis

Los Alamos Community Foundation is a registered charity in United States, based in Los Alamos, NM. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Los Alamos Community Foundation reported income of $207k and spending of $155k, leaving 25% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $471k to $207k (-56%), an average of -24% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 48% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Los Alamos Community Foundation sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NM. Charities of a similar size with the same main cause include Rotary Club of the Villages Foundation Inc ($207k), Sparsh Palliative Care Services ($207k) and Lynch Family Foundation Ltd ($207k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $73k (47% of expenses). Other salaries and wages came to $521. At year end it held assets of $1.1m against liabilities of $197k, net assets of $880k. It reported 3 employees.