LA Casa Del Libro Inc

Analysis

LA Casa Del Libro Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Casa Del Libro Inc reported income of $208k and spending of $222k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $203k to $208k (+2.6%), an average of +0.9% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, LA Casa Del Libro Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 38th percentile within PR. Charities of a similar size with the same main cause include Salient of Harvard College ($208k), Prairie Center Arts Foundation ($208k) and Sprayberry Band Boosters Association ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $46k (21% of expenses). At year end it held assets of $477k against liabilities of $280k, net assets of $197k. It reported 3 employees.