Latino Coalition Foundation

Analysis

Latino Coalition Foundation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Latino Coalition Foundation reported income of $157k and spending of $293k, spending 186% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $697k to $157k (-77%), an average of -31% a year. The sharpest change came in the year to December 2021, when income rose by 405%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Latino Coalition Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within MO. Charities of a similar size with the same main cause include Prairie Township Community Improvement Corporation ($157k), Debra C Parmentola Foundation ($158k) and Pali Community Center Committee ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $101k. At year end it held assets of $318k against liabilities of $146k, net assets of $172k. It reported 4 employees.