LA Raza Community Resource Center Inc

Analysis

LA Raza Community Resource Center Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 1974, 52 years ago. 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 June 2023, LA Raza Community Resource Center Inc reported income of $4.6m and spending of $4.0m, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.9m to $4.6m (+145%), an average of +35% a year. The sharpest change came in the year to June 2021, when income rose by 186%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Raza Community Resource Center Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Valorus ($4.6m), Hiway 80 Rescue Mission ($4.6m) and Swaniti Initiative ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $1.9m against liabilities of $462k, net assets of $1.4m. It reported 18 employees.