LA Puerta de Los Ninos

Analysis

LA Puerta de Los Ninos is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in April 1973, 53 years ago. 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 August 2023, LA Puerta de Los Ninos reported income of $1.4m and spending of $1.4m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.1m to $1.4m (+33%), an average of +7.4% a year. The sharpest change came in the year to August 2022, when income rose by 61%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Puerta de Los Ninos sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within NM. Charities of a similar size with the same main cause include The Banner School Inc ($1.4m), Habitat for Humanity International Inc ($1.4m) and Larche-Cleveland Inc ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $76k (5.3% of expenses). Other salaries and wages came to $939k. At year end it held assets of $1.6m against liabilities of $1.0m, net assets of $581k. It reported 61 employees.