Latinas Unidas Por UN Nuevo Amanecer

Analysis

Latinas Unidas Por UN Nuevo Amanecer is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in August 2002, 24 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 June 2023, Latinas Unidas Por UN Nuevo Amanecer reported income of $805k and spending of $813k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $604k to $805k (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Latinas Unidas Por UN Nuevo Amanecer sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within IA. Charities of a similar size with the same main cause include M54 Inc ($805k), L&m Christian Daycare Learning Center Inc ($805k) and Connecting Henry Inc ($805k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $84k (10% of expenses). Other salaries and wages came to $359k. At year end it held assets of $236k against liabilities of $148k, net assets of $88k. It reported 10 employees.