Lacosepa

Analysis

Lacosepa is a registered charity in United States, based in Lake LA, CA. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Lacosepa reported income of $343k and spending of $34k, leaving 90% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $306k to $343k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 23% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lacosepa sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Key of David Ministries Non Proft Organization ($343k), Baltimore Antioch Leadership Movement Inc ($343k) and The Layne ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.