Companeros International

Analysis

Companeros International is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Companeros International reported income of $298k and spending of $321k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $244k to $298k (+22%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Companeros International sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Community Center of Hamilton County Inc ($298k), Staffserve ($298k) and Embrace Washington ($298k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $286k against liabilities of $209k, net assets of $77k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.