Artistas Y Musicos Latino Americanos

Analysis

Artistas Y Musicos Latino Americanos is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Artistas Y Musicos Latino Americanos reported income of $386k and spending of $223k, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $260k to $386k (+49%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 98%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Artistas Y Musicos Latino Americanos sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Medical Staff of Evergreen Hospital Medical Center ($386k), Athens Mental Health Inc ($386k) and Jpma Cares Inc ($386k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Other salaries and wages came to $12k. At year end it held assets of $308k against liabilities of $70k, net assets of $238k.