Jewish Latin Center NYC

Analysis

Jewish Latin Center NYC is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2011, 15 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 October 2023, Jewish Latin Center NYC reported income of $386k and spending of $409k, spending 106% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $243k to $386k (+59%), an average of +12% a year. The sharpest change came in the year to October 2020, when income rose by 102%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Latin Center NYC sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Home Bound Meals Program ($386k), Fish of South Valley San Jose ($386k) and Norton Area Child Care Association ($386k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of -$145k against liabilities of $0, net assets of -$145k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.