Latinos for Leadership Excellence and Diversity

Analysis

Latinos for Leadership Excellence and Diversity is a registered charity in United States, based in Lawndale, CA. It received its IRS tax-exemption ruling in July 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Latinos for Leadership Excellence and Diversity reported income of $81k and spending of $237k, spending 293% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $70k to $81k (+16%), an average of +3.9% a year. The sharpest change came in the year to June 2021, when income rose by 122%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Latinos for Leadership Excellence and Diversity 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 31st percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Rotary Club of Dickson County Inc ($81k), Lighthouse Adult Care Services ($81k) and Panhandle Parade of Breeds Inc ($81k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $106k (45% of expenses). Other salaries and wages came to $26k. At year end it held assets of $40k against liabilities of $8,239, net assets of $32k. It reported 2 employees.