LA Salle Educational Center Homestead Inc

Analysis

LA Salle Educational Center Homestead Inc is a registered charity in United States, based in Homestead, FL. It received its IRS tax-exemption ruling in June 2000, 26 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 June 2024, LA Salle Educational Center Homestead Inc reported income of $995k and spending of $71k, leaving 93% of income unspent that year. Across the 3 years on record, from December 2022 to June 2024, income grew from $132k to $995k (+653%), an average of +174% a year. The sharpest change came in the year to June 2024, when income rose by 912%. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LA Salle Educational Center Homestead Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Carnegie Literacy Center Inc ($995k), The Sycamore School Inc ($995k) and Boone Beginnings Early Childhood and Family Development Center Inc ($994k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $38k. At year end it held assets of $930k against liabilities of $77k, net assets of $853k. It reported 4 employees.