Centro Comunitario de Los Trabajadores

Analysis

Centro Comunitario de Los Trabajadores is a registered charity in United States, based in New Bedford, MA. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Centro Comunitario de Los Trabajadores reported income of $529k and spending of $591k, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $413k to $529k (+28%), an average of +8.6% a year. The sharpest change came in the year to June 2021, when income rose by 132%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Centro Comunitario de Los Trabajadores sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include San Diego Kiwanis Club Foundation ($529k), We Are Hope Inc ($529k) and Pawsability Dog Club Inc ($529k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $74k (13% of expenses). Other salaries and wages came to $91k. At year end it held assets of $604k against liabilities of $31k, net assets of $573k. It reported 2 employees.