LA Plaza

Analysis

LA Plaza is a registered charity in United States, based in Palisade, CO. It received its IRS tax-exemption ruling in April 1989, 37 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 September 2023, LA Plaza reported income of $257k and spending of $260k, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $119k to $257k (+116%), an average of +21% a year. The sharpest change came in the year to September 2020, when income rose by 104%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LA Plaza sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include St Vincent de Paul Society St Margaret Conference ($257k), Carsons Village ($257k) and Disabilities Foundation of Charleston County Inc ($257k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 77% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $65k (25% of expenses). Other salaries and wages came to $71k. At year end it held assets of $683k against liabilities of $37k, net assets of $647k. It reported 3 employees.