Latin America Working Group Education Fund

Analysis

Latin America Working Group Education Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Latin America Working Group Education Fund reported income of $86k and spending of $358k, spending 418% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $413k to $86k (-79%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 81%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Latin America Working Group Education Fund sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 16th percentile within DC. Charities of a similar size with the same main cause include Illumin8 Hope Ministries Inc ($86k), Highlands Bolivian Mission Inc ($86k) and Brothers and Sisters in Community Service ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $119k (33% of expenses). Other salaries and wages came to $84k. At year end it held assets of $218k against liabilities of $18k, net assets of $200k. It reported 5 employees.