Organizacion Latina Trans in Texas

Analysis

Organizacion Latina Trans in Texas is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Organizacion Latina Trans in Texas reported income of $270k and spending of $497k, spending 185% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income grew from $89k to $270k (+201%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 281%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Organizacion Latina Trans in Texas sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Monsey Shidduch Initiative Inc ($270k), Families of Character ($270k) and Gulf County Senior Citizens Association Inc ($270k).

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 $100k (20% of expenses). Other salaries and wages came to $60k. At year end it held assets of $182k against liabilities of $0, net assets of $182k.