Latino Learning Center Inc

Analysis

Latino Learning Center Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Latino Learning Center Inc reported income of $231k and spending of $278k, spending 120% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $297k to $231k (-22%), an average of -4.9% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Latino Learning Center Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Elija Foundation Inc ($231k), Mayflower Heritage Christian School ($231k) and PS 150 Parent Teacher Association Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 8.0% of the total. Compensation of current officers, directors and key employees was $58k (21% of expenses). Other salaries and wages came to $51k. At year end it held assets of $437k against liabilities of $207k, net assets of $230k. It reported 2 employees.