Masba-School Board Members for Latino Equity

Analysis

Masba-School Board Members for Latino Equity is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Masba-School Board Members for Latino Equity reported income of $409k and spending of $416k, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $397k to $409k (+3.0%), an average of +0.7% a year. The sharpest change came in the year to August 2022, when income rose by 57%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Masba-School Board Members for Latino Equity sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Ignite Robotics ($408k), Faith Community Nurse Network of the Greater Twin Cities ($409k) and Life Enrichment Options ($408k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $105k (25% of expenses). Other salaries and wages came to $108k. At year end it held assets of $145k against liabilities of $5,521, net assets of $139k. It reported 3 employees.