Laradon Real Estate Corporation

Analysis

Laradon Real Estate Corporation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Laradon Real Estate Corporation reported income of $550k and spending of $537k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $229k to $550k (+140%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 120%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Laradon Real Estate Corporation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Iranian American Women Foundation ($550k), Craftsbury Saplings ($550k) and Community Mediation Program Inc ($550k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $18.3m against liabilities of $18.7m, net assets of -$374k. It reported 2 employees.