LA Fiesta de Las Seis Banderas Inc

Analysis

LA Fiesta de Las Seis Banderas Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 1990, 36 years ago. 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 August 2024, LA Fiesta de Las Seis Banderas Inc reported income of $1.6m and spending of $1.5m, spending 97% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $1.3m to $1.6m (+23%), an average of +4.2% a year. The sharpest change came in the year to August 2021, when income rose by 34%. 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 Fiesta de Las Seis Banderas Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Oneill Senior Center Inc ($1.6m), Mercer County Community College Foundation ($1.6m) and Historical Society of Carroll County Maryland Inc ($1.6m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 40% and program service revenue 59% of the total. At year end it held assets of $149k against liabilities of $0, net assets of $149k.