Leti Resource Center NFP

Analysis

Leti Resource Center NFP is a registered charity in United States, based in Elgin, IL. It received its IRS tax-exemption ruling in July 2014, 12 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, Leti Resource Center NFP reported income of $137k and spending of $847, leaving 99% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $137k (+61%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Leti Resource Center NFP sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Christian Community Compassion Center Inc NFP ($137k), Waupaca Area Chamber Foundation Inc ($137k) and Tri-State Toys for Happiness Inc ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $326k against liabilities of $0, net assets of $326k.