Latinos in Virginia Empowerment Center

Analysis

Latinos in Virginia Empowerment Center is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 2024, Latinos in Virginia Empowerment Center reported income of $1.1m and spending of $1.2m, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $525k to $1.1m (+118%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 82%. Over the whole period it spent 88% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Latinos in Virginia Empowerment Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Dispute Resolution Center of Central Michigan ($1.1m), Virgin Island Advocacy Inc ($1.1m) and Kindred Place Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $105k (8.5% of expenses). Other salaries and wages came to $479k. At year end it held assets of $651k against liabilities of $100k, net assets of $551k. It reported 13 employees.