Las Patronas

Analysis

Las Patronas is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in July 1953, 73 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 September 2023, Las Patronas reported income of $858k and spending of $1.0m, spending 117% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.0m to $858k (-16%), an average of -4.2% a year. The sharpest change came in the year to September 2022, when income dropped by 25%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Las Patronas sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include McCloskey Community Services Corp ($858k), Big Brothers Big Sisters of the Lehigh Valley Inc ($858k) and Non-Ambulatory Transportation Service Inc ($857k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.6% and program service revenue 3.5% of the total. At year end it held assets of $1.6m against liabilities of $33k, net assets of $1.5m.