Latino Public Radio

Analysis

Latino Public Radio is a registered charity in United States, based in Cranston, RI. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Latino Public Radio reported income of $187k and spending of $173k, spending 92% of its income. Across the 4 years on record, from December 2017 to December 2023, income fell from $272k to $187k (-31%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Latino Public Radio sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within RI. Charities of a similar size with the same main cause include City Ballet of Houston ($187k), Pony Express Historical Association Inc ($187k) and Barrington Stage Supporting Foundation Inc ($187k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.2% of the total. At year end it held assets of $34k against liabilities of $38k, net assets of -$3,388.