Latino Donor Collaborative Inc

Analysis

Latino Donor Collaborative Inc is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2021, Latino Donor Collaborative Inc reported income of $1.5m and spending of $902k, leaving 40% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $773k to $1.5m (+96%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 155%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Latino Donor Collaborative Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Northwest Straits Marine Conservation Foundation ($1.5m), Cleveland Restoration Society Inc ($1.5m) and Keith Albee Performing Arts Centerinc ($1.5m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $353k (39% of expenses). Other salaries and wages came to $46k. At year end it held assets of $944k against liabilities of $134k, net assets of $810k. It reported 3 employees.