Quad Cities Latino Foundation

Analysis

Quad Cities Latino Foundation is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in March 2016, 10 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, Quad Cities Latino Foundation reported income of $227k and spending of $172k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $227k (+109%), an average of +109% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Quad Cities Latino Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within IA. Charities of a similar size with the same main cause include Orlando Hoshuko Inc ($227k), Albert Wisner Public Library Foundation Inc ($227k) and Heron Institute ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $69k. At year end it held assets of $92k against liabilities of $0, net assets of $92k.