Latin Community Services Inc

Analysis

Latin Community Services Inc is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Latin Community Services Inc reported income of $259k and spending of $249k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $203k to $259k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Latin Community Services Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Martin County Historical Society ($259k), Intercourse Library Inc ($259k) and Greater Cleveland Urban Film Foundation ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 66% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.