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North Carolina · Nonprofit

LATINO COMMUNITY DEVELOPMENT CENTER

LATINO COMMUNITY DEVELOPMENT CENTER (North Carolina) receives grants from 7 organizations whose IRS filings report $76,630,000 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($75,000,000). 2 of them have funded it in more than one year, and 98% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$65M
Funders on record
7
Grants received
$77M
Net assets
$62M
2/7 repeat fundersgrants exceed reported revenue in one year
01What it does

What Latino Community Development Center does

Mission

Latino Community Development Center promotes financial literacy, access to financial services, and economic development primarily for the low and moderate income population in north carolina.

As stated on its FY2024 Form 990.

Programs

On its FY2024 return the organization reported a significant change in how it conducts a program.

The organization is no longer involved in affordable housing.

Its own explanation, from Schedule O of that return (Part III, line 3).

  1. Provide financial education to low income communities traditionally denied access to financial services. There were 1,097 participants in the financial education program and 373 graduates of the workshop series in 2024.

    $24,337 spent
    0% of program spending
  2. Provide access to financial services to low income communities traditionally left out of the financial services sector.

    $5,000,000 spentof which $5,000,000 as grants
    100% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,024,337.

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 ($103k) Expenses 100 ($66k) Net assets 100 ($916k)2018 Revenue 145 ($149k) Expenses 139 ($91k) Net assets 106 ($974k)2019 Revenue 118 ($121k) Expenses 67 ($44k) Net assets 115 ($1.1M)2020 Revenue 10236 ($11M) Expenses 15889 ($10M) Net assets 122 ($1.1M)2021 Revenue 1607 ($1.6M) Expenses 728 ($478k) Net assets 249 ($2.3M)2022 Revenue 270 ($277k) Expenses 1412 ($928k) Net assets 178 ($1.6M)2023 Revenue 319 ($327k) Expenses 329 ($216k) Net assets 190 ($1.7M)2024 Revenue 63612 ($65M) Expenses 7964 ($5.2M) Net assets 6745 ($62M)
'17'18'19'20'21'22'23'24
Revenue (63612)Expenses (7964)Net assets (6745)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 2023 to 2024, from $1.8M to $62M (+3399%).

$918k
$978k
$1.1M
$1.1M
$2.6M
$2.3M
$1.8M
$62M
'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

100% of LATINO COMMUNITY DEVELOPMENT CENTER’s revenue is contributions — more reliant on donations than three-quarters of its peers (21% for the typical peer).

This organization
Typical peer · 3,400 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$37k
’17
$58k
’18
$77k
’19
$63k
’20
$1.2M
’21
−$651k
’22
$110k
’23
$60M
’24
142
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

Maria Victoria Garcia

CEO

Board chair

John Herrera

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed44444465
Joined·+0+0+0+0+0+4+1
No longer listed·0000022
03Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 3 funders to 1 funder, grant income fell $355k → $83k.

1 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 98% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of LATINO COMMUNITY DEVELOPMENT CENTER’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

LATINO COMMUNITY DEVELOPMENT CENTER leans on a few funders — its largest provides 98% of grant income and the top three 100%; half comes from just 1 funder.

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

98% 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 LATINO COMMUNITY DEVELOPMENT CENTER.

98%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 75% · 2021 99% · 2022 98% · 2023 100% — growing more concentrated.

“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

98% of LATINO COMMUNITY DEVELOPMENT CENTER's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.6M that is directly attributable, 79% of it comes from funders outside North Carolina, across 5 states.

MI
NY
NJ
NC
TX

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

’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $75M arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

LATINO COMMUNITY DEVELOPMENT CENTER holds deeper cash reserves than three-quarters of the 3,288 human services nonprofits its size.

Operating margin92% · outside the comparable range
Months of reserve142.0mo · top quartile
Revenue growth (annualized)151% · top quartile

this organization peer median middle 50% of peers· 3,288 human services nonprofits $10M–$100M, FY2024

Organizations like LATINO COMMUNITY DEVELOPMENT CENTER

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.

Where the money goes

96% of spending goes to programs.

Program 96%Management 4%Fundraising 0%

Governance

4
board members
75%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

60%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • Latino Community Credit Union · exempt

Screen this organization

A dated, signed PDF of the compliance screen for LATINO COMMUNITY DEVELOPMENT CENTER: 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 LATINO COMMUNITY DEVELOPMENT CENTER?
LATINO COMMUNITY DEVELOPMENT CENTER (North Carolina) receives grants from 7 organizations whose IRS filings report $76,630,000 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($75,000,000). 2 of them have funded it in more than one year, and 98% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does LATINO COMMUNITY DEVELOPMENT CENTER have?
IRS filings report 7 organizations giving $76,630,000 in grants to LATINO COMMUNITY DEVELOPMENT CENTER, 2 of which have funded it in more than one year.
Who is the largest funder of LATINO COMMUNITY DEVELOPMENT CENTER?
NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $75,000,000 in grants. The full list of funders is on this page.
How can an organization like LATINO COMMUNITY DEVELOPMENT CENTER 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.

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 7 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