Latinas Latinos Al Exito Inc

Analysis

Latinas Latinos Al Exito Inc is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in March 2010, 16 years ago. 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 2023, Latinas Latinos Al Exito Inc reported income of $334k and spending of $377k, spending 113% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $458k to $334k (-27%), an average of -15% a year. The sharpest change came in the year to June 2022, when income dropped by 21%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Latinas Latinos Al Exito Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within IA. Charities of a similar size with the same main cause include Palmtrail Inc ($334k), Youth for Christ USA Inc ($334k) and Greater Glens Falls Senior Citizen Center Inc ($334k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $60k (16% of expenses). Other salaries and wages came to $39k. At year end it held assets of $123k against liabilities of $0, net assets of $123k. It reported 3 employees.