Comunidad Lasc Cruces Inc

Analysis

Comunidad Lasc Cruces Inc is a registered charity in United States, based in Naranjito, PR. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Comunidad Lasc Cruces Inc reported income of $68k and spending of $61k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $68k (+4.1%), an average of +4.1% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Comunidad Lasc Cruces Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 19th percentile within PR. Charities of a similar size with the same main cause include Boothbay Region Art Foundation Inc ($68k), Law Stroud Foundation Inc ($68k) and Jefferson County Community Center ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $259k against liabilities of $0, net assets of $259k.