Latino Economic Development Corporation Inc

Latino Economic Development Corporation Inc is a registered community development nonprofit based in Springfield, MA, United States. It is registered with the Internal Revenue Service (IRS). It was founded in 2022. Its EIN is 881698006. It has a GiveRadar Integrity Assessment of 76/100 (Strong transparency), indicating well-documented governance, financials, and contact details. This is below the average of 93/100 for community development charities in United States. The organization reports $427K in annual revenue. No red flags have been detected.

Latino Economic Development Corporation Inc has a GiveRadar Integrity Assessment of 76/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 76 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. The charity allocates 85% of expenses to programs, which contributes positively to its score. For comparison, the average integrity assessment for community development charities in United States is 93/100.

Latino Economic Development Corporation Inc is located in Springfield, MA, United States. The organization was established in 2022 and has been active for 4 years.

Based on official tax filings, Latino Economic Development Corporation Inc has $427K in annual revenue. It allocates 85% of expenses to programs and services. This is below the average of 92% for community development charities in United States. Its revenue is below the peer average of $3M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.

Latino Economic Development Corporation Inc is classified as a Community Development organization, registered in United States. It operates as a Publicly-supported charity (509(a)(2)). By size, it is categorized as a small organization. It has $427K in annual revenue.

No red flags have been detected for Latino Economic Development Corporation Inc. GiveRadar automatically screens charities for concerning patterns including high executive compensation, low program spending, and missing financial filings. Based on available official data, no issues have been identified.

Latino Economic Development Corporation Inc has a GiveRadar Integrity Assessment of 76/100 (Strong transparency) and no red flags have been detected, which suggests it is a well-documented organization. It is regulated by the IRS. 85% of expenses go to programs. The peer average is 92%. You can donate directly through their official donation page linked on their GiveRadar profile. GiveRadar provides data for research purposes and does not endorse any organization. Always do your own due diligence.

Among community development charities registered in United States: Latino Economic Development Corporation Inc's GiveRadar Integrity Assessment of 76/100 is below the peer average of 93/100. It allocates 85% of expenses to programs, below the peer average of 92%. Its annual revenue of $427K is below the peer average of $3M.

Yes, donations to Latino Economic Development Corporation Inc are generally tax-deductible in the United States. Latino Economic Development Corporation Inc is a 501(c)(3) tax-exempt organization. Its EIN is 881698006, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.