Medical Organization for Latino Advancement
Analysis
Medical Organization for Latino Advancement is a registered charity in United States, based in Wilmette, IL. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Medical Organization for Latino Advancement reported income of $190k and spending of $185k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $186k to $190k (+2.4%), an average of +1.2% a year. Over the whole period it spent 89% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Medical Organization for Latino Advancement sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include Topcare Solutions ($190k), Massachusetts Foreign Language Association Inc ($190k) and Parent-Faculty Association of Franklin Elementary School ($190k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Other 7.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Topcare Solutions | Aurora | $190k |
| Massachusetts Foreign Language Association Inc | Duxbury | $190k |
| Parent-Faculty Association of Franklin Elementary School | Sewickley | $190k |
| Haworth Home and School Association Inc | Haworth | $190k |