Centro Gerontologico Latino Inc

Analysis

Centro Gerontologico Latino Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 April 2024, Centro Gerontologico Latino Inc reported income of $137k and spending of $124k, spending 91% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $88k to $137k (+56%), an average of +56% a year. The sharpest change came in the year to April 2024, when income rose by 56%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Centro Gerontologico Latino Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Punxsutawney Area Historical and Genealogical Society Inc ($137k), Civic Symphony of Green Bay Inc ($137k) and Maharashtra Mandal of Seattle ($137k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $127, net assets of $21k.