LA Hermandad Hank Lacayo Youth and Family Center

Analysis

LA Hermandad Hank Lacayo Youth and Family Center is a registered charity in United States, based in Oxnard, CA. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, LA Hermandad Hank Lacayo Youth and Family Center reported income of $271k and spending of $255k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $390k to $271k (-31%), an average of -8.7% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, LA Hermandad Hank Lacayo Youth and Family Center sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Sumanda Inc ($271k), Supreme Family Foundation Inc ($271k) and West Cook County Youth Club Inc ($270k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $199k. At year end it held assets of $139k against liabilities of $14k, net assets of $125k.