Lucha Inc

Analysis

Lucha Inc is a registered charity in United States, based in Santa Paula, CA. It received its IRS tax-exemption ruling in October 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 2024, Lucha Inc reported income of $284k and spending of $268k, spending 95% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $276k to $284k (+2.9%), an average of +1.0% a year. The sharpest change came in the year to June 2023, when income dropped by 33%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lucha Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Killingworth Ambulance Association Inc ($284k), Hygienic Art Inc ($284k) and Washington State Council of Fire Fighters Burn Foundation ($284k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $105k against liabilities of $0, net assets of $105k.