Latino Leadership Institute

Analysis

Latino Leadership Institute is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in August 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 June 2024, Latino Leadership Institute reported income of $706k and spending of $990k, spending 140% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $1.0m to $706k (-31%), an average of -17% a year. The sharpest change came in the year to June 2024, when income dropped by 43%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Latino Leadership Institute sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CO. Charities of a similar size with the same main cause include Artstream Inc ($705k), Community Science Workshop Network ($706k) and Stoneman Douglas Marching Eagles Parent Association Inc ($705k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $556k (56% of expenses). Other salaries and wages came to $57k. At year end it held assets of $380k against liabilities of $363k, net assets of $17k. It reported 5 employees.