Spanish American Civic Association for Equality Inc

Analysis

Spanish American Civic Association for Equality Inc is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Spanish American Civic Association for Equality Inc reported income of $11.5m and spending of $10.8m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.0m to $11.5m (+66%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Spanish American Civic Association for Equality Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Community Ventures in Living Ltd ($11.5m), Central Valley Opportunity Center ($11.5m) and Southern Maryland Vocational Industries Incorporated ($11.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $444k (4.1% of expenses). Other salaries and wages came to $2.8m. It paid $152k in professional fundraising fees. At year end it held assets of $9.0m against liabilities of $5.7m, net assets of $3.3m. It reported 79 employees.