Los Angeles Latino Chamber of Commerce Foundation

Analysis

Los Angeles Latino Chamber of Commerce Foundation is a registered charity in United States, based in Santa Fe SPGS, CA. It received its IRS tax-exemption ruling in October 2008, 18 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, Los Angeles Latino Chamber of Commerce Foundation reported income of $160k and spending of $71k, leaving 56% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $470k to $160k (-66%), an average of -30% a year. The sharpest change came in the year to December 2021, when income dropped by 67%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Los Angeles Latino Chamber of Commerce Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Uptown Farmers Market ($160k), Filling the Void Inc ($160k) and Oakland Communities United for Equity and Justice ($160k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $260k against liabilities of $0, net assets of $260k. It reported 3 employees.