Gulf Coast Council of LA Raza

Analysis

Gulf Coast Council of LA Raza is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in October 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Gulf Coast Council of LA Raza reported income of $3.1m and spending of $3.2m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.6m to $3.1m (+22%), an average of +5.0% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gulf Coast Council of LA Raza sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Bais Frieda Child Care Center Inc ($3.1m), Offender Services Inc ($3.1m) and U-Go Initiative ($3.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $7.4m against liabilities of $895k, net assets of $6.5m. It reported 44 employees.