Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated

Analysis

Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in November 2007, 19 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, Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated reported income of $476k and spending of $393k, spending 83% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $273k to $476k (+74%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within WI. Charities of a similar size with the same main cause include Road to Hope ($476k), Asi Capitola Inc ($476k) and Learning Tree Inc ($476k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.3% of the total. Other salaries and wages came to $181k. At year end it held assets of $499k against liabilities of $23k, net assets of $476k. It reported 9 employees.