LA Pena Inc

Analysis

LA Pena Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 1985, 41 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, LA Pena Inc reported income of $316k and spending of $258k, spending 82% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $139k to $316k (+127%), an average of +127% a year. The sharpest change came in the year to September 2023, when income rose by 127%. Over the whole period it spent 80% 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 Pena Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Cascade Educational Broadcast Service ($316k), Association of Indo Americans ($316k) and Convivio Inc ($316k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Other salaries and wages came to $32k. At year end it held assets of $121k against liabilities of $117k, net assets of $4,410. It reported 2 employees.