Latino U College Access

Analysis

Latino U College Access is a registered charity in United States, based in White Plains, NY. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Latino U College Access reported income of $1.6m and spending of $1.3m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $759k to $1.6m (+114%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Latino U College Access sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Minnesota Statewide Limited Energy Apprenticeship & Training TR Fund ($1.6m), Mira Costa College Foundation ($1.6m) and Entrepreneurs Organization ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $172k (13% of expenses). Other salaries and wages came to $673k. At year end it held assets of $1.6m against liabilities of $88k, net assets of $1.5m. It reported 17 employees.