Salvadoran American Leadership and Educational Fund

Analysis

Salvadoran American Leadership and Educational Fund is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Salvadoran American Leadership and Educational Fund reported income of $834k and spending of $827k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $623k to $834k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Salvadoran American Leadership and Educational Fund sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($834k), Stapleton Volunteer Fire Department Inc ($834k) and Child Evangelism Fellowship Inc ($834k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.1% of the total. Other salaries and wages came to $391k. At year end it held assets of $177k against liabilities of $0, net assets of $177k.