Luisa Diaz Foundation Inc

Analysis

Luisa Diaz Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Luisa Diaz Foundation Inc reported income of $256k and spending of $291k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $5,000 to $256k (+5023%), an average of +5023% a year. The sharpest change came in the year to December 2023, when income rose by 5023%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Luisa Diaz Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Hocking Valley Community Hospitalmemorial Fund Inc ($256k), Volunteers of America Inc ($256k) and Greater Tucson Leadership Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,023 against liabilities of $40k, net assets of -$34k.