Latin America Patients Academy Inc

Analysis

Latin America Patients Academy Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Latin America Patients Academy Inc reported income of $82k and spending of $110k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $198k to $82k (-59%), an average of -59% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 147% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Latin America Patients Academy Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Anonymous Alliance of Charitable Organizations Inc ($82k), Roosevelt Memorial Health Care Foundation ($82k) and CPL Chad Eric Oligschlaeger Foundation for PTSD Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.