LA Escuelita Arcoiris

Analysis

LA Escuelita Arcoiris is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, LA Escuelita Arcoiris reported income of $1.2m and spending of $1.0m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $853k to $1.2m (+36%), an average of +8.1% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LA Escuelita Arcoiris sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Keystone Adventure School and Farm Inc ($1.2m), Ann Richards School Foundation ($1.2m) and Olentangy Orange Athletic Boosters Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Other salaries and wages came to $728k. At year end it held assets of $854k against liabilities of $234k, net assets of $621k. It reported 28 employees.