Charity Search / LATIN AMERICAN BUSINESS ORGANIZATION INC
Community Improvement (S31) 990 on File

LATIN AMERICAN BUSINESS ORGANIZATION INC

EIN: 81-0824363 · WORCESTER, MA 01609-2703 · United States · FY 2023 Data
2 out of 5 27 / 100 Based on 2+ years of filings
Financial strength (30%) 39/100
Reliability (20%) 40/100
Effectiveness (25%) 31/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2023
$112K
Total Revenue
$138K
Total Expenses
$-25,766
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 60.6%
Fundraising Efficiency N/A
Operating Reserve -2.24x
Liability-to-Asset N/A
Revenue Diversification 95.0%
Compared with Peers
FY 2023
Compared with 5,777 similar organizations (United States, Community Improvement, $100K–$1M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
60.6% 84.1%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
-2.2 mo 11.1 mo
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
95.0% 93.2%
P10P90
Below median
Revenue growth
Year over year revenue growth
-30.8% 7.5%
P10P90
Expense growth
Year over year expense growth
0.4% 13.2%
P10P90
Surplus margin
Surplus as a share of revenue
-23.0% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $112K $138K $-25,766 60.6%
2022 $162K $137K $25K
2021 $2K $4K $-1,877 19.3%
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Organization Details
EIN
81-0824363
State
MA
City
WORCESTER
ZIP
01609-2703
Classification
S31
Category
Community Improvement
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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