Laboratoria Inc

Analysis

Laboratoria Inc is a registered charity in United States, based in Key Biscayne, FL. It received its IRS tax-exemption ruling in August 2017, 9 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, Laboratoria Inc reported income of $2.0m and spending of $1.5m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $2.0m (-28%), an average of -8.0% a year. The sharpest change came in the year to December 2022, when income rose by 561%. Over the whole period it spent 46% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Laboratoria Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include International Cultural Exchange Organization Inc ($2.0m), Us-Ireland Alliance ($2.0m) and Citizens Commission on Human Rights ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $155k (10% of expenses). At year end it held assets of $11.9m against liabilities of $7,218, net assets of $11.8m. It reported 1 employees.