Latin Chamber of Commerce Community Foundation

Analysis

Latin Chamber of Commerce Community Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in June 1998, 28 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 June 2024, Latin Chamber of Commerce Community Foundation reported income of $459k and spending of $397k, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $219k to $459k (+109%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 197%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Latin Chamber of Commerce Community Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within NV. Charities of a similar size with the same main cause include Science & Entrepreneurship Exchange ($459k), Network of Iranian-American Professionals of Orange County ($459k) and Bircham International University Inc ($459k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% of the total. At year end it held assets of $1.1m against liabilities of $18k, net assets of $1.0m.