Spanish Speaking Peoples Community Center

Analysis

Spanish Speaking Peoples Community Center is a registered charity in United States, based in Atlantic City, NJ. It received its IRS tax-exemption ruling in August 1971, 55 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 August 2023, Spanish Speaking Peoples Community Center reported income of $484k and spending of $569k, spending 118% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $734k to $484k (-34%), an average of -9.9% a year. The sharpest change came in the year to August 2023, when income dropped by 34%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spanish Speaking Peoples Community Center sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Community Living Opportunities II Inc ($484k), Haggin Grant Post No 521 ($484k) and Buffalo Childrens Center Inc ($483k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 88% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $98k (17% of expenses). Other salaries and wages came to $215k. At year end it held assets of $610k against liabilities of $75k, net assets of $535k. It reported 10 employees.