Princeton in Latin America Inc

Analysis

Princeton in Latin America Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in December 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 June 2024, Princeton in Latin America Inc reported income of $55k and spending of $71k, spending 129% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $308k to $55k (-82%), an average of -29% a year. The sharpest change came in the year to June 2024, when income rose by 11726%. Over the whole period it spent 120% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Princeton in Latin America Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 28th percentile within NJ. Charities of a similar size with the same main cause include Seed and Light International ($55k), Jan McCray Ministries Inc ($55k) and Montana Center for International Visitors Inc ($55k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 77% and program service revenue 17% of the total. Other salaries and wages came to $45k. At year end it held assets of $253k against liabilities of $64k, net assets of $189k.

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.