Latin American Leadership Foundation Inc
Analysis
Latin American Leadership Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 American Leadership Foundation Inc reported income of $1.5m and spending of $1.1m, leaving 27% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $683k to $1.5m (+121%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 62% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Latin American Leadership Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Keystone Apprenticeship Trust Fund ($1.5m), New Horizons for Community Bound Individuals Inc ($1.5m) and Exodus Building ($1.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $398 in professional fundraising fees. At year end it held assets of $1.8m against liabilities of $3,210, net assets of $1.8m.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Keystone Apprenticeship Trust Fund | Manheim | $1.5m |
| New Horizons for Community Bound Individuals Inc | Hialeah | $1.5m |
| Exodus Building | Grand Rapids | $1.5m |
| Aerospace Museum of California Foundation | McClellan | $1.5m |