Centro Comunitario Afe Inc

Analysis

Centro Comunitario Afe Inc is a registered charity in United States, based in Hialeah, FL. It received its IRS tax-exemption ruling in February 2011, 15 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, Centro Comunitario Afe Inc reported income of $168k and spending of $184k, spending 110% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $207k to $168k (-19%), an average of -10% a year. The sharpest change came in the year to December 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, Centro Comunitario Afe Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Partnership for Age Friendly Communities in Larimer County ($168k), All in One Community Center Inc ($168k) and Hermon Elderly Project ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $20k. At year end it held assets of $17k against liabilities of $5,532, net assets of $11k.