Latino Cancer Institute

Analysis

Latino Cancer Institute is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Latino Cancer Institute reported income of $206k and spending of $155k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $238k to $206k (-14%), an average of -4.7% a year. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Latino Cancer Institute sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include First Light International Foundation ($206k), Farm Villa Foundation Inc ($206k) and Upcycled Food Foundation ($206k).

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 $36k (23% of expenses). Other salaries and wages came to $33k. At year end it held assets of $356k against liabilities of $30k, net assets of $326k.