American Latino Veterans Association

Analysis

American Latino Veterans Association is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in April 2020, 6 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, American Latino Veterans Association reported income of $194k and spending of $113k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $194k (+63%), an average of +63% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Latino Veterans Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within VA. Charities of a similar size with the same main cause include Little League Baseball Inc ($194k), Collins Chapel Connectional Hospital ($194k) and Nebraska Juvenile Justice Association Inc ($194k).

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 $197k against liabilities of $116k, net assets of $81k.