El Portal de Balen

Analysis

El Portal de Balen is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, El Portal de Balen reported income of $441k and spending of $397k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $186k to $441k (+138%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 200%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, El Portal de Balen sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Mid-Atlantic Pathwork Inc ($441k), Parkview Adult Foster Care Home Inc ($441k) and Diaper Train Inc ($441k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.