Laredo Crime Stoppers

Analysis

Laredo Crime Stoppers is a registered charity in United States, based in Laredo, TX. It received its IRS tax-exemption ruling in August 1988, 38 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Laredo Crime Stoppers reported income of $187k and spending of $221k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $116k to $187k (+61%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 117% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Laredo Crime Stoppers sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Vision Enterprises Jason Project ($186k), Mediation Center of Greater Green Bay Inc ($187k) and Weed & Seed Hawaii Inc ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 6.4% of the total. Other salaries and wages came to $106k. At year end it held assets of $85k against liabilities of $0, net assets of $85k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.