LA Vida Missions Inc

Analysis

LA Vida Missions Inc is a registered charity in United States, based in Farmington, NM. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, LA Vida Missions Inc reported income of $430k and spending of $521k, spending 121% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $628k to $430k (-32%), an average of -9.0% a year. The sharpest change came in the year to May 2020, when income dropped by 26%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LA Vida Missions Inc 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 68th percentile, and in the 65th percentile within NM. Charities of a similar size with the same main cause include Liberty Hill Football Boosters ($430k), Harbor View Parent-Faculty Organization ($430k) and Bethel Christian Academy Inc ($430k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $39k (7.6% of expenses). Other salaries and wages came to $180k. At year end it held assets of $698k against liabilities of $11k, net assets of $687k. It reported 27 employees.