LA Cocina Va

Analysis

LA Cocina Va is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover food, agriculture and nutrition, 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 Cocina Va reported income of $1.4m and spending of $1.9m, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.4m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 118%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LA Cocina Va sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include Epek International Inc ($1.4m), Manuelito Navajo Childrens Home Inc ($1.4m) and South Sound Outreach Services ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $168k (8.8% of expenses). Other salaries and wages came to $721k. At year end it held assets of $2.7m against liabilities of $1.5m, net assets of $1.2m. It reported 26 employees.