LA Frontera Partners Inc

Analysis

LA Frontera Partners Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, LA Frontera Partners Inc reported income of $1.4m and spending of $833k, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.4m (-17%), an average of -4.4% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 64% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, LA Frontera Partners Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within AZ. Charities of a similar size with the same main cause include North Philadelphia Financial Partnership ($1.4m), The Dakota Manufacturing Extension Partnership Inc ($1.4m) and Wilkes Economic Development Corporation ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $214k. At year end it held assets of $6.4m against liabilities of $2.7m, net assets of $3.6m.