LA Escuelita Inc

Analysis

LA Escuelita Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2003, 23 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 July 2024, LA Escuelita Inc reported income of $1.9m and spending of $1.8m, spending 95% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $1.8m to $1.9m (+2.9%), an average of +0.6% a year. The sharpest change came in the year to July 2022, when income rose by 42%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LA Escuelita Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Good Shepherd Episcopal School ($1.9m), Summit Academy School for Alternative Learners-Warren Middle ($1.9m) and Sierra Foothill Charter School ($1.9m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 8.0% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $101k (5.6% of expenses). Other salaries and wages came to $814k. At year end it held assets of $3.0m against liabilities of $1.8m, net assets of $1.1m. It reported 24 employees.