Save Latin America Inc

Analysis

Save Latin America Inc is a registered charity in United States, based in Union City, NJ. It received its IRS tax-exemption ruling in August 2000, 26 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, Save Latin America Inc reported income of $689k and spending of $690k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $538k to $689k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Save Latin America Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include Furniture Sharehouse Inc ($689k), Ambassadors of Reconciliation ($689k) and Trillium Family Services Foundation Inc ($689k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 13% of the total. Other salaries and wages came to $452k. At year end it held assets of $157k against liabilities of $136k, net assets of $22k. It reported 14 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.