Latin American and Caribbean Economic Association

Analysis

Latin American and Caribbean Economic Association is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1999, 27 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 American and Caribbean Economic Association reported income of $282k and spending of $277k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $282k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 76% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Latin American and Caribbean Economic Association sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 34th percentile within DC. Charities of a similar size with the same main cause include International Village Clinic ($282k), The Sacred Portion Childrens Outreach Inc ($282k) and Unite to Light ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $920k against liabilities of $1,500, net assets of $918k.