Capital District Latinos Inc

Analysis

Capital District Latinos Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover health care, 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 December 2023, Capital District Latinos Inc reported income of $801k and spending of $725k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $277k to $801k (+189%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 134%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Capital District Latinos Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Road Recovery Foundation ($801k), Cancer Bridges ($801k) and Thurmont Community Ambulance Service Inc ($801k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $202k (28% of expenses). Other salaries and wages came to $120k. At year end it held assets of $782k against liabilities of $1.3m, net assets of -$472k. It reported 50 employees.