Alimenta LA Solidaridad Inc

Analysis

Alimenta LA Solidaridad Inc is a registered charity in United States, based in Wauwatosa, WI. It received its IRS tax-exemption ruling in August 2019, 7 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, Alimenta LA Solidaridad Inc reported income of $1.8m and spending of $1.7m, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.9m to $1.8m (-2.9%), an average of -1.0% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Alimenta LA Solidaridad Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include Israel Scholarship Education Foundation ($1.8m), Wellspring Foundation for Education ($1.8m) and Attack Poverty ($1.8m).

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 $34k (1.9% of expenses). Other salaries and wages came to $32k. It paid $17k in professional fundraising fees. At year end it held assets of $362k against liabilities of $0, net assets of $362k.