Amigos de Los Rios

Analysis

Amigos de Los Rios is a registered charity in United States, based in Altadena, CA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Amigos de Los Rios reported income of $2.8m and spending of $2.8m, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.6m to $2.8m (+75%), an average of +12% a year. The sharpest change came in the year to December 2019, when income rose by 42%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Amigos de Los Rios sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Seattle Times Community Impact Fund ($2.8m), Great Falls Public Schools Foundation ($2.8m) and Northland Neighborhoods Incorporated ($2.8m).

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 $165k (5.9% of expenses). Other salaries and wages came to $666k. At year end it held assets of $1.6m against liabilities of $525k, net assets of $1.0m. It reported 29 employees.