Coalicion de Latinos Americanos Inc

Analysis

Coalicion de Latinos Americanos Inc is a registered charity in United States, based in Maywood, CA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Coalicion de Latinos Americanos Inc reported income of $2.8m and spending of $2.5m, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $2.8m (+61%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coalicion de Latinos Americanos Inc 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 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Northeast Wisconsin Technical College Education Foundation ($2.8m), Paul R Brown Leadership Academy Inc ($2.8m) and Ralph W & Grace M Showalter Research Trust Fund ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $722k against liabilities of $185k, net assets of $536k. It reported 26 employees.