LA Luz Hispana

Analysis

LA Luz Hispana is a registered charity in United States, based in Hampton, IA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. 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 Luz Hispana reported income of $269k and spending of $257k, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $368k to $269k (-27%), an average of -10% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Luz Hispana 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 60th percentile, and in the 61st percentile within IA. Charities of a similar size with the same main cause include Paul C Johnson Foundation ($269k), St John Fathers Club ($269k) and Putnam County Achievement Services ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $105k (41% of expenses). Other salaries and wages came to $7,225. At year end it held assets of $233k against liabilities of $3,435, net assets of $229k. It reported 8 employees.