LA Cares

Analysis

LA Cares is a registered charity in United States, based in Los Alamos, NM. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover food, agriculture and nutrition, 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 December 2023, LA Cares reported income of $105k and spending of $133k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $105k (+4.6%), an average of +4.6% a year. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LA Cares sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within NM. Charities of a similar size with the same main cause include Brown James Buck Memorial Association Inc ($105k), Blessed Beginnings Inc ($105k) and Ellie Strong Forever NFP ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.