LA Vega Pirates Education Foundation

Analysis

LA Vega Pirates Education Foundation is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Vega Pirates Education Foundation reported income of $147k and spending of $174k, spending 118% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $184k to $147k (-20%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LA Vega Pirates Education Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Stembassadors ($147k), Blink Foundation Inc ($147k) and Literacycny Inc ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $332k against liabilities of $0, net assets of $332k.