LA Posada Home Inc

Analysis

LA Posada Home Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in July 1990, 36 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, LA Posada Home Inc reported income of $517k and spending of $484k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $909k to $517k (-43%), an average of -13% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Posada Home 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 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Foundation of Praise Incorporated ($517k), Community Careers & Support Services ($517k) and Greencroft Central Manor Inc ($517k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $79k (16% of expenses). At year end it held assets of $766k against liabilities of $7,820, net assets of $759k. It reported 16 employees.