Impact Latin America
Analysis
Impact Latin America is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Impact Latin America reported income of $596k and spending of $389k, leaving 35% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $225k to $596k (+164%), an average of +63% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 84% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Impact Latin America sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include Andy Woods Ministries ($596k), New England Urban Church Planting ($596k) and Family Keepers Inc ($596k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $10k (2.6% of expenses). Other salaries and wages came to $48k. At year end it held assets of $245k against liabilities of $651, net assets of $244k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Andy Woods Ministries | Sugar Land | $596k |
| New England Urban Church Planting | Providence | $596k |
| Family Keepers Inc | Walnut | $596k |
| Shuvu Banim Miami Inc | Aventura | $597k |