LA Cosecha Inc

Analysis

LA Cosecha Inc is a registered charity in United States, based in Jenks, OK. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover human services, 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 Cosecha Inc reported income of $359k and spending of $476k, spending 133% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $745k to $359k (-52%), an average of -31% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LA Cosecha Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within OK. Charities of a similar size with the same main cause include Education for Liberation Network ($359k), Calrecup Care Inc ($359k) and Friendship Adventures ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (17% of expenses). Other salaries and wages came to $150k. At year end it held assets of $383k against liabilities of $0, net assets of $383k. It reported 5 employees.