LA Paloma Family Services Inc

Analysis

LA Paloma Family Services Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in July 1981, 45 years ago. 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 June 2023, LA Paloma Family Services Inc reported income of $2.7m and spending of $2.6m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.7m to $2.7m (-2.0%), an average of -0.5% a year. The sharpest change came in the year to June 2022, when income rose by 25%. 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 Paloma Family Services Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within AZ. Charities of a similar size with the same main cause include World Evangelical Alliance ($2.7m), New Covenant Christian School Foundation ($2.7m) and Former Members of Congress Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $4.1m against liabilities of $2.5m, net assets of $1.7m.