Latino and Latina Roundtable of the San Gabriel and Pomona Valley

Analysis

Latino and Latina Roundtable of the San Gabriel and Pomona Valley is a registered charity in United States, based in Pomona, CA. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 and Latina Roundtable of the San Gabriel and Pomona Valley reported income of $438k and spending of $213k, leaving 51% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $228k to $438k (+92%), an average of +92% a year. The sharpest change came in the year to June 2023, when income rose by 92%. Over the whole period it spent 61% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Latino and Latina Roundtable of the San Gabriel and Pomona Valley 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 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Culturehouse Incorporated ($438k), National Skilled Trades Network ($438k) and Business Network of Emergency Resources Inc ($438k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $71k (34% of expenses). Other salaries and wages came to $15k. At year end it held assets of $430k against liabilities of $0, net assets of $430k.