Centro Latino de San Francisco

Analysis

Centro Latino de San Francisco is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 1986, 40 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, Centro Latino de San Francisco reported income of $2.0m and spending of $1.8m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.0m (+60%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Centro Latino de San Francisco sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Task Force on Domestic Violence Hope Inc ($2.0m), Bridge to One ($2.0m) and Immigrant and Refugee Community Council of Washington ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $82k (4.5% of expenses). Other salaries and wages came to $775k. At year end it held assets of $1.2m against liabilities of $42k, net assets of $1.2m. It reported 36 employees.