Asociacion Latino Americana Del Sur de Indiana Inc

Analysis

Asociacion Latino Americana Del Sur de Indiana Inc is a registered charity in United States, based in Huntingburg, IN. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Asociacion Latino Americana Del Sur de Indiana Inc reported income of $146k and spending of $23k, leaving 84% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $24k to $146k (+515%), an average of +515% a year. The sharpest change came in the year to December 2023, when income rose by 515%. Over the whole period it spent 28% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Asociacion Latino Americana Del Sur de Indiana Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within IN. Charities of a similar size with the same main cause include Bustany Family Foundation Inc ($146k), Employee Community Foundation Optum Washington ($146k) and Sacramento Venture Philanthropy ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $136k against liabilities of $0, net assets of $136k.