California Latino Capitol Association Foundation

Analysis

California Latino Capitol Association Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, California Latino Capitol Association Foundation reported income of $98k and spending of $55k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $98k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, California Latino Capitol Association Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Bad Axe Development Corp ($98k), Castle Rock Chamber Foundation ($98k) and LA Habra Rotary Club Foundation ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.