Latino Youth Collective of Indiana

Analysis

Latino Youth Collective of Indiana is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Youth Collective of Indiana reported income of $177k and spending of $68k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $177k (+80%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 48% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Latino Youth Collective of Indiana sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within IN. Charities of a similar size with the same main cause include Foundation of the Visiting Nurse Association of Northern New Jersey ($177k), Ghana Friendship Project ($177k) and United Through Hope ($177k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.5% of the total. At year end it held assets of $304k against liabilities of $0, net assets of $304k.