Latino Equity Advocacy & Policy Institute - the Leap Institute

Analysis

Latino Equity Advocacy & Policy Institute - the Leap Institute is a registered charity in United States, based in Huron, CA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 June 2023, Latino Equity Advocacy & Policy Institute - the Leap Institute reported income of $1.2m and spending of $1.0m, spending 88% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $331k to $1.2m (+250%), an average of +52% a year. The sharpest change came in the year to June 2022, when income rose by 154%. Over the whole period it spent 89% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Latino Equity Advocacy & Policy Institute - the Leap Institute sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Friends of Lakewood ($1.2m), Ktk-Belt Inc ($1.2m) and South Texas Botanical Gardens & Nature Center ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $166k (16% of expenses). Other salaries and wages came to $428k. At year end it held assets of $908k against liabilities of $644k, net assets of $264k. It reported 35 employees.