Ecolatinos Inc

Analysis

Ecolatinos Inc is a registered charity in United States, based in College Park, MD. It received its IRS tax-exemption ruling in September 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 (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, Ecolatinos Inc reported income of $247k and spending of $237k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $136k to $247k (+82%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 93% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Ecolatinos Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MD. Charities of a similar size with the same main cause include Virgin Islands Conservation Society Inc ($247k), Iowa Interfaith Power and Light Iowa Faith and Climate Network ($247k) and Nashville Tree Conservation Corps ($247k).

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 $90k (38% of expenses). Other salaries and wages came to $12k. At year end it held assets of $158k against liabilities of $12k, net assets of $147k. It reported 4 employees.