Lao American Association
Analysis
Lao American Association is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Lao American Association reported income of $189k and spending of $168k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $176k to $189k (+7.3%), an average of +7.3% a year. Over the whole period it spent 93% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Lao American Association sits at the 50th percentile: it is larger than about 50% 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 Hatikvah Educational Foundation Inc ($189k), Medical Mission Teams Inc ($189k) and Yedidei Beer Yitzchak ($189k).
On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $251k against liabilities of $0, net assets of $251k.
Income and spending
Where the income comes from
- Program services 97%
- Other 3.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hatikvah Educational Foundation Inc | Sugar Land | $189k |
| Medical Mission Teams Inc | Tallahassee | $189k |
| Yedidei Beer Yitzchak | Passaic | $189k |
| Light in the World Development Foundation | Tulsa | $189k |