LA Raza Services Inc

Analysis

LA Raza Services Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 1974, 52 years ago. 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 June 2023, LA Raza Services Inc reported income of $11.5m and spending of $11.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.4m to $11.5m (+237%), an average of +36% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Raza Services Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include National Policing Institute ($11.5m), Class Ltd ($11.5m) and Catholic Community Services ($11.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1.0m (9.1% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $5.1m against liabilities of $1.4m, net assets of $3.7m. It reported 97 employees.