LA Luz Life Link

Analysis

LA Luz Life Link is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, LA Luz Life Link reported income of $73k and spending of $32k, leaving 56% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $219k to $73k (-66%), an average of -24% a year. The sharpest change came in the year to June 2022, when income rose by 194%. Over the whole period it spent 132% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LA Luz Life Link sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 24th percentile within NM. Charities of a similar size with the same main cause include Quin-Town Center for Senior Citizens ($73k), Life and Hope ($73k) and South Davidson Family Resource ($73k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $27k. At year end it held assets of $603k against liabilities of $15k, net assets of $588k. It reported 1 employees.