National Association of Cuban American Women of the United State

Analysis

National Association of Cuban American Women of the United State is a registered charity in United States, based in Union City, NJ. It received its IRS tax-exemption ruling in March 1981, 45 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 June 2023, National Association of Cuban American Women of the United State reported income of $303k and spending of $290k, spending 96% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $255k to $303k (+19%), an average of +9.0% a year. The sharpest change came in the year to June 2023, when income rose by 27%. 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, National Association of Cuban American Women of the United State 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 68th percentile within NJ. Charities of a similar size with the same main cause include Arc of South Talladega County ($303k), Would-Works Inc ($303k) and Hope Response Inc ($303k).

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 $50k (17% of expenses). Other salaries and wages came to $149k. At year end it held assets of $154k against liabilities of $68k, net assets of $87k.