The First L a P Inc

Analysis

The First L a P Inc is a registered charity in United States, based in Waipahu, HI. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, The First L a P Inc reported income of $193k and spending of $155k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $178k to $193k (+8.1%), an average of +8.1% a year. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The First L a P Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within HI. Charities of a similar size with the same main cause include Vhh-Jg Commons ($193k), Nazareth House Housing Development Fund Corporation ($193k) and Agua Azul Housing Inc ($193k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $42k against liabilities of $2,157, net assets of $40k.