LA Luz Organization

Analysis

LA Luz Organization is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in August 2017, 9 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 December 2023, LA Luz Organization reported income of $422k and spending of $348k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $206k to $422k (+105%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 114%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LA Luz Organization sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within OK. Charities of a similar size with the same main cause include Assistance League of Fullerton Ca ($422k), Cocoa360 Fund ($422k) and Kno Qoti Native Wellness Inc ($422k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $75k (21% of expenses). At year end it held assets of $97k against liabilities of $1,236, net assets of $96k. It reported 7 employees.