Latino Educational Achievement Partnership

Analysis

Latino Educational Achievement Partnership is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Latino Educational Achievement Partnership reported income of $125k and spending of $157k, spending 126% of what it took in. Across the 4 years on record, from December 2020 to June 2023, income fell from $211k to $125k (-41%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 44%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Latino Educational Achievement Partnership sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Clarence Schock Scholarship and Fellowship Charitable Trust II ($125k), New Braunfels High School All Sports Booster Club Inc ($125k) and Super Seeds ($125k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $23k (15% of expenses). Other salaries and wages came to $76k. At year end it held assets of $104k against liabilities of $1,399, net assets of $102k. It reported 21 employees.