The Latina Center

Analysis

The Latina Center is a registered charity in United States, based in Richmond, CA. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, The Latina Center reported income of $1.0m and spending of $849k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $465k to $1.0m (+117%), an average of +21% a year. The sharpest change came in the year to June 2020, when income rose by 68%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Latina Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include San Diego Seniors Community Foundation ($1.0m), Young Mens Christian Association of Fort Madison Iowa ($1.0m) and Project Dentist Care Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $96k (11% of expenses). Other salaries and wages came to $386k. At year end it held assets of $884k against liabilities of $0, net assets of $884k. It reported 11 employees.