Latinos Americanos Unidos Inc

Analysis

Latinos Americanos Unidos Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 1999, 27 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, Latinos Americanos Unidos Inc reported income of $122k and spending of $137k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $122k (+2.6%), an average of +2.6% a year. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Latinos Americanos Unidos Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Eva Volitzer Actors Studio Inc ($122k), Freedom Youth Family Justice Center ($122k) and Purevn Inc ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $34k. At year end it held assets of $5,800 against liabilities of $80k, net assets of -$74k.