Latin American Youth Center Inc

Analysis

Latin American Youth Center Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 1975, 51 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2023, Latin American Youth Center Inc reported income of $18.5m and spending of $19.7m, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $15.9m to $18.5m (+17%), an average of +3.9% a year. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Latin American Youth Center Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 93rd percentile within DC. Charities of a similar size with the same main cause include Maryhurst Inc ($18.5m), Boys & Girls Clubs of Garden Grove Inc ($18.7m) and Camp Harbor View Foundation Inc ($18.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $493k (2.5% of expenses). Other salaries and wages came to $11.1m. At year end it held assets of $11.6m against liabilities of $9.3m, net assets of $2.3m. It reported 360 employees.