Fiesta Educativa Inc

Analysis

Fiesta Educativa Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Fiesta Educativa Inc reported income of $501k and spending of $567k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $817k to $501k (-39%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fiesta Educativa Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Cultiv8community ($501k), Touchstone Farm Inc ($501k) and Goods Bank Neo ($501k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $60k (11% of expenses). Other salaries and wages came to $197k. At year end it held assets of $477k against liabilities of $418k, net assets of $59k. It reported 16 employees.