Texas Latino Pride

Analysis

Texas Latino Pride is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Texas Latino Pride reported income of $270k and spending of $183k, leaving 32% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $65k to $270k (+312%), an average of +312% a year. The sharpest change came in the year to September 2023, when income rose by 312%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Texas Latino Pride 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 64th percentile within TX. Charities of a similar size with the same main cause include Performing Arts & Education Association of Southwest Iowa Inc ($270k), Ethnic Education Hawaii ($270k) and Clarke County Historical Society ($270k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.