Latino Youth Development Collaborative-Lydc

Analysis

Latino Youth Development Collaborative-Lydc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Youth Development Collaborative-Lydc reported income of $63k and spending of $75k, spending 119% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $35k to $63k (+80%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 181%. Over the whole period it spent 116% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Latino Youth Development Collaborative-Lydc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within MN. Charities of a similar size with the same main cause include Rye Foundation Inc ($63k), Camps for Spiffy-Kyds Inc ($63k) and Chico Pee Wee Association NFP ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $150k against liabilities of $0, net assets of $150k.