Casa Latina

Analysis

Casa Latina is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 1995, 31 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 December 2023, Casa Latina reported income of $2.9m and spending of $2.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.9m (+59%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Casa Latina sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WA. Charities of a similar size with the same main cause include Danville Area Community College Foundation Inc ($2.9m), Lakeview College of Nursing ($2.9m) and Heartland Christian School Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $234k (8.1% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $6.2m against liabilities of $1.2m, net assets of $5.0m. It reported 33 employees.