Luisa Piccarreta Center for the

Analysis

Luisa Piccarreta Center for the is a registered charity in United States, based in Jacksboro, TN. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Luisa Piccarreta Center for the reported income of $126k and spending of $147k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $198k to $126k (-36%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 70%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Luisa Piccarreta Center for the sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within TN. Charities of a similar size with the same main cause include Bodhivastu Foundation for Enlightened Activity ($126k), Dieu de Buddhist Association NW FL ($126k) and Santa Ynez Valley Jewish Community ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $7,000 (4.7% of expenses). At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 1 employees.

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.