Salon de LA Fama Latino Americano Del Deporte

Analysis

Salon de LA Fama Latino Americano Del Deporte is a registered charity in United States, based in Laredo, TX. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Salon de LA Fama Latino Americano Del Deporte reported income of $76k and spending of $45k, leaving 41% of income unspent that year. The sharpest change came in the year to December 2023, when income dropped by 76%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Salon de LA Fama Latino Americano Del Deporte sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include El Paso International & Cultural Arts ($76k), Glenbrook Fireworks Inc ($76k) and Vista Ranchos Historical Society ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $99k against liabilities of $2,895, net assets of $96k. It reported 16 employees.