Latinos in Action California Inc

Analysis

Latinos in Action California Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in October 2018, 8 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, Latinos in Action California Inc reported income of $99k and spending of $67k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $183k to $99k (-46%), an average of -46% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Latinos in Action California Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Greater Louisville Intergroup Inc ($99k), Deseret Heritage Association ($99k) and Community Express Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $203k against liabilities of $1,200, net assets of $201k.