Latin American Childrens Fund Inc

Analysis

Latin American Childrens Fund Inc is a registered charity in United States, based in Saint Charles, MO. It received its IRS tax-exemption ruling in April 1991, 35 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, Latin American Childrens Fund Inc reported income of $150k and spending of $151k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $157k to $150k (-4.7%), an average of -1.2% a year. The sharpest change came in the year to December 2021, when income dropped by 29%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Latin American Childrens Fund Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within MO. Charities of a similar size with the same main cause include Jasper County Historical Society of Iowa ($150k), North Olmsted Hockey Club ($150k) and Hear My Story Inc ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,102 against liabilities of $0, net assets of $2,102.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.