Latinx Community Center for Empowerment Lcce

Analysis

Latinx Community Center for Empowerment Lcce is a registered charity in United States, based in Lowell, MA. It received its IRS tax-exemption ruling in August 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Latinx Community Center for Empowerment Lcce reported income of $74k and spending of $105k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $74k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Latinx Community Center for Empowerment Lcce sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include Food for Thought Ojai ($74k), Walker Elementary PTO ($74k) and Athena Orlando Womens Leadership ($74k).

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 $7,167 against liabilities of $0, net assets of $7,167.