City of LA Vista Facilities Corpora Tion

Analysis

City of LA Vista Facilities Corpora Tion is a registered charity in United States, based in LA Vista, NE. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, City of LA Vista Facilities Corpora Tion reported income of $60k and spending of $364k, spending 601% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $337k to $60k (-82%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 82%. Over the whole period it spent 132% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, City of LA Vista Facilities Corpora Tion sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within NE. Charities of a similar size with the same main cause include Legatus ($60k), Rim of the World Historical Society ($60k) and Graces Helping Hand Corp ($60k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $7.2m against liabilities of $600k, net assets of $6.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.