Latino Treatment Center

Analysis

Latino Treatment Center is a registered charity in United States, based in Elgin, IL. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover mental health and crisis intervention, 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, Latino Treatment Center reported income of $589k and spending of $510k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $428k to $589k (+38%), an average of +8.3% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Latino Treatment Center sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Imagine a Way ($589k), Birthline of San Diego County Inc ($590k) and Brooklyn Queens Health Care Inc ($589k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $69k (14% of expenses). Other salaries and wages came to $214k. At year end it held assets of $317k against liabilities of $166k, net assets of $150k. It reported 9 employees.