Latinos in Heritage Conservation

Analysis

Latinos in Heritage Conservation is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Latinos in Heritage Conservation reported income of $268k and spending of $375k, spending 140% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $767k to $268k (-65%), an average of -41% a year. The sharpest change came in the year to December 2023, when income rose by 527%. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Latinos in Heritage Conservation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within AZ. Charities of a similar size with the same main cause include The Scottish American Cultural Society of Ohio Inc ($268k), Wickford Art Association ($268k) and Nomadstudio Inc ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $235k. At year end it held assets of $518k against liabilities of $0, net assets of $518k.