La-Aretz

Analysis

La-Aretz is a registered charity in United States, based in Bal Harbour, FL. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, La-Aretz reported income of $892k and spending of $744k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1,675 to $892k (+53156%), an average of +53156% a year. The sharpest change came in the year to December 2023, when income rose by 53156%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, La-Aretz sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Family Promise of Philadelphia ($892k), Ecological Farming Association ($892k) and Montgomery County Food Council Inc ($892k).

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 $12k (1.6% of expenses). At year end it held assets of $155k against liabilities of $7,248, net assets of $148k.