Latinos in Transit

Analysis

Latinos in Transit is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Latinos in Transit reported income of $253k and spending of $187k, leaving 26% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $51k to $253k (+392%), an average of +70% a year. The sharpest change came in the year to December 2022, when income rose by 716%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Latinos in Transit 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 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Our Lady of Consolation Education Foundation ($253k), Corpus Christi Literacy Council ($253k) and Nahant Historical Society ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 149% and program service revenue 4.2% of the total. Other salaries and wages came to $24k. At year end it held assets of $399k against liabilities of $7,554, net assets of $391k. It reported 4 employees.