People and Stories - Gente Y Cuentos Inc
Analysis
People and Stories - Gente Y Cuentos Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in April 1994, 32 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 December 2023, People and Stories - Gente Y Cuentos Inc reported income of $228k and spending of $267k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $240k to $228k (-5.0%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 100% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, People and Stories - Gente Y Cuentos Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Crearte Latino Cultural Center Corp ($228k), Exit 82 a Toms River Theatre Company ($228k) and Hwoa ($228k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $18k (6.9% of expenses). Other salaries and wages came to $76k. At year end it held assets of $245k against liabilities of $18k, net assets of $227k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Program services 1.8%
- Other 5.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Crearte Latino Cultural Center Corp | Sarasota | $228k |
| Exit 82 a Toms River Theatre Company | Toms River | $228k |
| Hwoa | Springdale | $228k |
| First City Pride Center Inc | Savannah | $228k |