Fundacion Latinoamericana de Accion Social Inc

Analysis

Fundacion Latinoamericana de Accion Social Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Fundacion Latinoamericana de Accion Social Inc reported income of $2.7m and spending of $2.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.7m (+88%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fundacion Latinoamericana de Accion Social Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Mental Health America of Wisconsin Inc ($2.7m), Association of Clinicians for the Underserved Inc ($2.7m) and Bring Change 2 Mind ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $149k (5.5% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $899k against liabilities of $580k, net assets of $319k. It reported 14 employees.