Latino Policy Forum

Analysis

Latino Policy Forum is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1994, 32 years ago. 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 Policy Forum reported income of $5.2m and spending of $3.2m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $5.2m (+198%), an average of +31% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Latino Policy Forum sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Alpha Delta Pi Foundation Inc ($5.2m), Vna Health System ($5.2m) and Institute of Industrial and Systems Engineers Inc ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $194k (6.0% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.3m against liabilities of $455k, net assets of $4.9m. It reported 22 employees.