Latino Community Services Inc

Analysis

Latino Community Services Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in September 1990, 36 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 2023, Latino Community Services Inc reported income of $841k and spending of $836k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $876k to $841k (-4.1%), an average of -1.0% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Latino Community Services Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within CT. Charities of a similar size with the same main cause include Warrenton Rural Voluntary Fire Association Inc ($841k), Partners in Revival Inc ($841k) and Davie County Public Facilitiesfinancing Corporation ($841k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. Other salaries and wages came to $420k. At year end it held assets of $88k against liabilities of $242k, net assets of -$155k. It reported 11 employees.