Instituto Cervantes of Los Angeles Inc

Analysis

Instituto Cervantes of Los Angeles Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2024, 2 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Instituto Cervantes of Los Angeles Inc reported income of $703k and spending of $743k, spending 106% of what it took in. The sharpest change came in the year to December 2023, when income rose by 454%. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Instituto Cervantes of Los Angeles Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Impl Project ($703k), Junior Achievement USA ($703k) and Togetherwithisrael ($702k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% and program service revenue 9.1% of the total. Other salaries and wages came to $110k. At year end it held assets of $99k against liabilities of $12k, net assets of $87k.