LA Piazza Community Center of Ardmore

Analysis

LA Piazza Community Center of Ardmore is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Piazza Community Center of Ardmore reported income of $133k and spending of $160k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $161k to $133k (-17%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, LA Piazza Community Center of Ardmore sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Missouri School Nutrition Association ($133k), Rockford Corridor Improvement Inc ($133k) and Heat Danceline Incorporated ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $33k against liabilities of $2,643, net assets of $31k.