Washington Office on Latin America Inc

Analysis

Washington Office on Latin America Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1982, 44 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Washington Office on Latin America Inc reported income of $2.0m and spending of $4.0m, spending 199% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.2m to $2.0m (-39%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 107% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Washington Office on Latin America Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 67th percentile within DC. Charities of a similar size with the same main cause include Muslim Response USA for Relief and Development ($2.0m), Impact Community Foundation ($2.0m) and Handa Foundation Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $327k (8.2% of expenses). Other salaries and wages came to $1.7m. It paid $15k in professional fundraising fees. At year end it held assets of $4.3m against liabilities of $1.8m, net assets of $2.5m. It reported 35 employees.