LA Plazita Community Building Inc

Analysis

LA Plazita Community Building Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in July 2019, 7 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 Plazita Community Building Inc reported income of $81k and spending of $81k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $462k to $81k (-82%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 64%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LA Plazita Community Building Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Big Brothers Big Sisters of Miami Foundation Inc ($81k), Lincoln Citizen Advocacy Incorporated ($81k) and New Albany Womens Network ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $42k against liabilities of $126k, net assets of -$84k.