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North Carolina · Nonprofit

LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE

LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE (North Carolina) receives grants from 5 organizations whose IRS filings report $209,360 to it, the largest being UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND ($111,000). 3 of them have funded it in more than one year.

Revenue FY2024
$724k
Funders on record
5
Grants received
$209k
Net assets
$265k
3/5 repeat funderspeak grant-dependency 8%
01What it does

What Latin American Chamber of Commerce of Charlotte does

Mission

To foster the economic growth and development of the latin american business community in the charlotte, nc region with a platform of events and programs that include opportunities in networking, mentoring, access, retooling seminars, leadership development, and acculturation to help that business community succeed in the us business environment.

As stated on its FY2024 Form 990.

Programs

  1. Connect and empower latino and non-latino businesses, entrepreneurs, and professionals to do business among each other as well as with large corporations and strategic partners in order to find opportunities for growth, prosperity and faster integration in our economy. The organization hosted 16 events throughout the year with 6 programs and 22 seminars on different topics.

  2. Provide information and business referrals to members of the latin american business community in charlotte in addition to programs based on small business resources and workforce development. 6 programs were offered throughout the year serving 153 clients with a variety being students and small business owners.

  3. Provide seminars on relevant business and community topics. Seminars focused on small business topics, financial literacy, and technical skills for the community. 22 seminars were offered throughout the year serving 324 clients.

  4. Held workshops for the duties of membership directors.

The 4 programs described on its FY2024 Form 990, listed largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($350k) Expenses 100 ($336k) Net assets 100 ($179k)2018 Revenue 103 ($358k) Expenses 103 ($347k) Net assets 106 ($191k)2019 Revenue 127 ($445k) Expenses 105 ($353k) Net assets 158 ($282k)2020 Revenue 149 ($521k) Expenses 145 ($486k) Net assets 177 ($317k)2021 Revenue 147 ($515k) Expenses 175 ($590k) Net assets 136 ($243k)2022 Revenue 156 ($544k) Expenses 178 ($598k) Net assets 106 ($189k)2023 Revenue 304 ($1.1M) Expenses 207 ($698k) Net assets 308 ($551k)2024 Revenue 207 ($724k) Expenses 333 ($1.1M) Net assets 148 ($265k)
'17'18'19'20'21'22'23'24
Revenue (207)Expenses (333)Net assets (148)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $191k to $561k (+193%).

$196k
$202k
$294k
$419k
$264k
$191k
$561k
$308k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 6% · 2023 39% · 2024 36%. Grants only. Government contracts and fees sit inside program revenue.

51% of LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$13k
’17
$12k
’18
$92k
’19
$35k
’20
−$75k
’21
−$54k
’22
$367k
’23
−$395k
’24
1.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Manuel Rey

Incoming - president & CEO

Board chair

Simon Munoz-Alvarez

Chair

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2019 and FY2020, and between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24
Listed1213141311141517
Joined·+3+2+1+0+8+3+3
No longer listed·2122521
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $26k → $82k.

Left out of every figure on this page: $300k from one payer (the payer shares this organization's board, largest Spark Centro Inc Formerly Latin Amer Chamber of Comm of Clt Institute). These are real filings, and they are not money LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE raised.

From the IRS filings of LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE leans on a few funders — its largest provides 53% of grant income and the top three 83%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

88% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE.

53%
largest funder
83%
top three
~3
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2023 33% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE draws 70% of its grant income from funders outside North Carolina, across 4 states in all.

ME
NY
NC
DC

In-state vs out-of-state, by year

’20
’21
’23
North Carolina out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE has grown faster than half of the 11,971 community improvement nonprofits its size.

Operating margin−55% · bottom quartile
Months of reserve1.6mo · bottom quartile
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024

Organizations like LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

14
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Part of a family of 1 related entity

  • Spark Centro · exempt

Screen this organization

A dated, signed PDF of the compliance screen for LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE?
LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE (North Carolina) receives grants from 5 organizations whose IRS filings report $209,360 to it, the largest being UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND ($111,000). 3 of them have funded it in more than one year.
How many funders does LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE have?
IRS filings report 5 organizations giving $209,360 in grants to LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE, 3 of which have funded it in more than one year.
Who is the largest funder of LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE?
UNITED STATES HISPANIC CHAMBER OF COMMERCE EDUCATIONAL FUND is the largest funder on record, with $111,000 in grants. The full list of funders is on this page.
How can an organization like LATIN AMERICAN CHAMBER OF COMMERCE OF CHARLOTTE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Latin American Chamber of Commerce of Charlotte →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing