LA Familia Human Services Inc

Analysis

LA Familia Human Services Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 1983, 43 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 Familia Human Services Inc reported income of $385k and spending of $436k, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $519k to $385k (-26%), an average of -9.5% a year. The sharpest change came in the year to June 2021, when income dropped by 22%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Familia Human Services Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Elmhurst District 205 Foundation for Educational Excellence ($385k), Anacostia Coordinating Council Inc ($385k) and North Dakota Ballet Company ($385k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $89k (20% of expenses). Other salaries and wages came to $208k. At year end it held assets of $612k against liabilities of $150k, net assets of $462k. It reported 11 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.