Latin America Assistance Incorporated

Analysis

Latin America Assistance Incorporated is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in July 1976, 50 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Latin America Assistance Incorporated reported income of $485k and spending of $454k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $432k to $485k (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Latin America Assistance Incorporated sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Truth Life & Word Womens Organization ($485k), My Life Counsel Inc ($485k) and Vida Nueva Para El Mundo ($485k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $97k (21% of expenses). Other salaries and wages came to $4,002. At year end it held assets of $118k against liabilities of $8,506, net assets of $109k. It reported 1 employees.