Instituto de Avance Integral Latino Inc a Community Development Non-P

Analysis

Instituto de Avance Integral Latino Inc a Community Development Non-P is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Instituto de Avance Integral Latino Inc a Community Development Non-P reported income of $505k and spending of $550k, spending 109% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $250k to $505k (+102%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Instituto de Avance Integral Latino Inc a Community Development Non-P 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 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Congressional Womens Softball Game Inc ($505k), Rainbow of Love Inc ($506k) and Backyard Orphans ($505k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $160k (29% of expenses). Other salaries and wages came to $143k. At year end it held assets of $92k against liabilities of $0, net assets of $92k. It reported 6 employees.