Avanzamos Unidos

Analysis

Avanzamos Unidos is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in March 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Avanzamos Unidos reported income of $535k and spending of $485k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $245k to $535k (+118%), an average of +48% a year. The sharpest change came in the year to December 2022, when income rose by 171%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Avanzamos Unidos sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Out of Eden Walk ($535k), Yosemite Climbing Association ($535k) and Players Guild of Canton Inc ($535k).

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 $90k (19% of expenses). Other salaries and wages came to $299k. At year end it held assets of $51k against liabilities of $0, net assets of $51k.