Colorado Latino Leadership and Research Organizaion Inc

Analysis

Colorado Latino Leadership and Research Organizaion Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 1966, 60 years ago. 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, Colorado Latino Leadership and Research Organizaion Inc reported income of $1.1m and spending of $1.1m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $192k to $1.1m (+448%), an average of +53% a year. The sharpest change came in the year to December 2020, when income rose by 173%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colorado Latino Leadership and Research Organizaion Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Asheboro Hybrid Academy ($1.1m), John Nicholas Brown Center for the Study of American Civilization ($1.1m) and Nami Fox Valley Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $150k (13% of expenses). Other salaries and wages came to $485k. At year end it held assets of $1.2m against liabilities of $160k, net assets of $1.1m. It reported 12 employees.