Accion Latina

Analysis

Accion Latina is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 1987, 39 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 December 2023, Accion Latina reported income of $720k and spending of $735k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $416k to $720k (+73%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Accion Latina 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 77th percentile within CA. Charities of a similar size with the same main cause include Mendocino Music Festival ($720k), Michigan School Vocal Music Association ($720k) and Nuyorican Poets Cafe Inc ($720k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $70k (9.5% of expenses). Other salaries and wages came to $338k. At year end it held assets of $593k against liabilities of $4,367, net assets of $588k. It reported 15 employees.