Shrine of Our Lady of Guadalupe of the Diocese of LA Crosse Inc

Analysis

Shrine of Our Lady of Guadalupe of the Diocese of LA Crosse Inc is a registered charity in United States, based in LA Crosse, WI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 December 2020, Shrine of Our Lady of Guadalupe of the Diocese of LA Crosse Inc reported income of $4.5m and spending of $3.8m, spending 83% of its income. Across the 2 years on record, from December 2019 to December 2020, income grew from $3.0m to $4.5m (+53%), an average of +53% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shrine of Our Lady of Guadalupe of the Diocese of LA Crosse Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within WI. Charities of a similar size with the same main cause include Student Transport Inc ($4.5m), Lander Foundation ($4.5m) and Oakmeadow Montessori School Inc ($4.5m).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 78% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $152k (4.0% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $54.0m against liabilities of $499k, net assets of $53.5m. It reported 52 employees.