LA Familia de Arte Inc

Analysis

LA Familia de Arte Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, LA Familia de Arte Inc reported income of $335k and spending of $383k, spending 114% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $258k to $335k (+30%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LA Familia de Arte Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within WI. Charities of a similar size with the same main cause include Association of Indians in America Inc ($335k), Athens-Limestone County Family Resource Center ($335k) and Tri-State Independent Blind Society Inc ($335k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $257k. At year end it held assets of $22k against liabilities of $10k, net assets of $11k. It reported 23 employees.