Tenemos Que Reclamar Y Unidos Salvar LA Tierra-South LA

Analysis

Tenemos Que Reclamar Y Unidos Salvar LA Tierra-South LA is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, Tenemos Que Reclamar Y Unidos Salvar LA Tierra-South LA reported income of $6.7m and spending of $1.5m, leaving 77% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $6.7m (+554%), an average of +60% a year. The sharpest change came in the year to December 2021, when income rose by 644%. Over the whole period it spent 40% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tenemos Que Reclamar Y Unidos Salvar LA Tierra-South LA sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Rodeo Senior Apartments Inc ($6.7m), Arizona Housing Inc ($6.7m) and South Carolina Community Loan Fund ($6.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $159k (10% of expenses). Other salaries and wages came to $730k. At year end it held assets of $18.9m against liabilities of $8.6m, net assets of $10.3m. It reported 14 employees.