The Center for Spiritual Exchange Inc

Analysis

The Center for Spiritual Exchange Inc is a registered charity in United States, based in Hercules, CA. It received its IRS tax-exemption ruling in January 1985, 41 years ago. 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, The Center for Spiritual Exchange Inc reported income of $141k and spending of $321k, spending 228% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $405k to $141k (-65%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 75%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Center for Spiritual Exchange Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Special Days Camps ($141k), Joe & Elwena Scarpaci Foundation ($141k) and Roosevelt Bible Church ($141k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 77% of the total. Compensation of current officers, directors and key employees was $80k (25% of expenses). At year end it held assets of $814k against liabilities of $3,554, net assets of $810k. It reported 1 employees.