Latinos in Action Inc

Analysis

Latinos in Action Inc is a registered charity in United States, based in Sandy, UT. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Latinos in Action Inc reported income of $2.1m and spending of $2.4m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.1m (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Latinos in Action Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within UT. Charities of a similar size with the same main cause include Ibis Group ($2.1m), Hope Leadership Academy Charter School ($2.1m) and Kheprw Institute ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $294k (12% of expenses). Other salaries and wages came to $702k. At year end it held assets of $555k against liabilities of $766k, net assets of -$212k. It reported 15 employees.