LA Cosecha Community Supported Agriculture

Analysis

LA Cosecha Community Supported Agriculture is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, LA Cosecha Community Supported Agriculture reported income of $6.2m and spending of $514k, leaving 92% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $282k to $6.2m (+2105%), an average of +117% a year. The sharpest change came in the year to December 2023, when income rose by 1265%. Over the whole period it spent 19% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LA Cosecha Community Supported Agriculture sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within NM. Charities of a similar size with the same main cause include JCC of Mid-Westchester Inc ($6.2m), Ashure Ministry Inc ($6.2m) and Polish Community Center of Buffalo Inc ($6.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. At year end it held assets of $7.9m against liabilities of $500k, net assets of $7.4m.