LA Luz Education

Analysis

LA Luz Education is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, LA Luz Education reported income of $202k and spending of $238k, spending 118% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income fell from $306k to $202k (-34%), an average of -34% a year. The sharpest change came in the year to July 2024, when income dropped by 34%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LA Luz Education sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within CO. Charities of a similar size with the same main cause include Children First Foundation ($201k), Andrean Foundation Inc ($202k) and Indiana County Emergency Training Academy ($201k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $40k (17% of expenses). Other salaries and wages came to $130k. At year end it held assets of $17k against liabilities of $14k, net assets of $2,795. It reported 4 employees.