LA Voz de LA Comunidad Foundation

Analysis

LA Voz de LA Comunidad Foundation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, LA Voz de LA Comunidad Foundation reported income of $190k and spending of $174k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $190k (+231%), an average of +231% a year. The sharpest change came in the year to December 2023, when income rose by 231%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LA Voz de LA Comunidad Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within LA. Charities of a similar size with the same main cause include Value Unconditional Inc ($190k), Bethany Bears Preschool ($190k) and Operation Warrior Shield ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $39k (22% of expenses). Other salaries and wages came to $108k. At year end it held assets of $33k against liabilities of $300, net assets of $32k.