LA Puerta Abierta Inc

Analysis

LA Puerta Abierta Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover human services, 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 Puerta Abierta Inc reported income of $462k and spending of $435k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $241k to $462k (+92%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 111%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LA Puerta Abierta Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Lemons ($462k), Kathys Place ($462k) and Sargent Childcare Association ($462k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $74k (17% of expenses). Other salaries and wages came to $233k. At year end it held assets of $604k against liabilities of $6,753, net assets of $598k. It reported 7 employees.