Laaia Response & Recovery Inc

Analysis

Laaia Response & Recovery Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover mutual and membership 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, Laaia Response & Recovery Inc reported income of $55k and spending of $40k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $99k to $55k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Laaia Response & Recovery Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 25th percentile within FL. Charities of a similar size with the same main cause include Project 52 ($55k), Sammies Sunshine ($55k) and Little League Baseball Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $49k against liabilities of $366, net assets of $48k.