Latin American Workshop Inc

Analysis

Latin American Workshop Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 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 December 2023, Latin American Workshop Inc reported income of $429k and spending of $419k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $323k to $429k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Latin American Workshop Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Boothbay Region Community Resource Council ($429k), Center for the Study of the Americas Incorporated ($429k) and National Church Residences of ($429k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $126k (30% of expenses). Other salaries and wages came to $90k. At year end it held assets of $188k against liabilities of $150k, net assets of $38k. It reported 10 employees.