The Latino Community Association
Analysis
The Latino Community Association is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, The Latino Community Association reported income of $1.5m and spending of $1.6m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $567k to $1.5m (+168%), an average of +28% a year. The sharpest change came in the year to June 2021, when income rose by 96%. Over the whole period it spent 84% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Latino Community Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within OR. Charities of a similar size with the same main cause include The Landing MN Inc ($1.5m), Drink at the Well Inc ($1.5m) and Community Habilitation Services Incorporated ($1.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $36k (2.3% of expenses). Other salaries and wages came to $784k. At year end it held assets of $1.5m against liabilities of $167k, net assets of $1.3m. It reported 25 employees.
Income and spending
Where the income comes from
- Contributions & grants 67%
- Program services 26%
- Other 6.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Landing MN Inc | Rochester | $1.5m |
| Drink at the Well Inc | Baltimore | $1.5m |
| Community Habilitation Services Incorporated | Akron | $1.5m |
| Tribal Child Care Association of California | Colusa | $1.5m |