Nuevo Sendero Inc

Analysis

Nuevo Sendero Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in August 2010, 16 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 December 2023, Nuevo Sendero Inc reported income of $427k and spending of $311k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $49k to $427k (+772%), an average of +195% a year. The sharpest change came in the year to December 2022, when income rose by 384%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nuevo Sendero 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 68th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Ahepa 78 Phase IV Inc ($427k), Hofmann Mraz Care Home ($427k) and The Comfort Cub Program Inc ($427k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $85k (27% of expenses). Other salaries and wages came to $58k. At year end it held assets of $224k against liabilities of $141k, net assets of $83k. It reported 2 employees.