LA Familia Del Paso Inc

Analysis

LA Familia Del Paso Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in April 1989, 37 years ago. 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, LA Familia Del Paso Inc reported income of $3.4m and spending of $4.6m, spending 135% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $4.8m to $3.4m (-29%), an average of -8.2% a year. The sharpest change came in the year to August 2020, when income rose by 55%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Familia Del Paso Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Catholic Charities of Northwest Florida Inc ($3.4m), Saint Francis Hospital and Medical Center Foundation Inc ($3.4m) and Samaritan Daytop Foundation ($3.4m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $119k (2.6% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $5.9m against liabilities of $3.8m, net assets of $2.1m. It reported 89 employees.