Instituto Familiar de LA Raza

Analysis

Instituto Familiar de LA Raza is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 1979, 47 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, Instituto Familiar de LA Raza reported income of $14.7m and spending of $14.1m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.0m to $14.7m (+34%), an average of +7.5% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Instituto Familiar de LA Raza sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Hot Springs Health Program Inc ($14.7m), Saint James School ($14.7m) and Detroit Health Care for the Homeless ($14.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $635k (4.5% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $10.7m against liabilities of $5.7m, net assets of $5.0m. It reported 135 employees.