Los Exes de LA Bowie & Friends Inc

Analysis

Los Exes de LA Bowie & Friends Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in April 1982, 44 years ago. 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, Los Exes de LA Bowie & Friends Inc reported income of $78k and spending of $82k, spending 105% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $14k to $78k (+451%), an average of +135% a year. The sharpest change came in the year to December 2023, when income rose by 4150%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Exes de LA Bowie & Friends Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Keiki Circles of Love Hawaii ($78k), Caribbean Medical Mission Inc ($78k) and American Society of Heating Refrigerating & A-C Engineers ($78k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $19k. At year end it held assets of $491k against liabilities of $164k, net assets of $326k. It reported 2 employees.