Los Serenos de Point Vicente Inc

Analysis

Los Serenos de Point Vicente Inc is a registered charity in United States, based in RCH Palos VRD, CA. It received its IRS tax-exemption ruling in October 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Los Serenos de Point Vicente Inc reported income of $75k and spending of $48k, leaving 36% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $37k to $75k (+100%), an average of +100% a year. The sharpest change came in the year to June 2024, when income rose by 100%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Serenos de Point Vicente Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Tucson Committee on Foreign Relations Inc ($75k), Study-Retreat Associates of Rolling Ridge Incorporated ($75k) and PTA Missouri Congress ($75k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.